Business Continuity Management (BCM)
Business Continuity Management (BCM) is a systematic approach to maintaining and recovering the critical functions of an organization in the event of a disruption. The goal of BCM is to ensure that an organization can continue to operate, or quickly recover and resume operations, in the face of events that could potentially disrupt its business. BCM involves identifying an organization's critical functions, assessing the risks to those functions, and developing plans and procedures to maintain or restore them in the event of a disruption.
BCM involves a number of different activities, including risk assessment, business impact analysis, development of contingency plans, and testing and exercising those plans. It also involves establishing protocols for communication and coordination with employees, customers, and other stakeholders in the event of a disruption. BCM is an ongoing process that requires regular review and updates to ensure that it remains effective and aligned with the changing needs of the organization.