Business Continuity Management is about identifying those parts of your organisation that you cannot afford to lose, such as information, stock, premises and planning how to maintain these if an incident occurs.
Any incident large or small whether it is natural eg flooding, accidental or deliberate eg arson, can cause major disruption to your organisation. But if you plan now, rather than waiting for it to happen, you will be able to get back to ‘business as usual’ in the quickest possible time. Delays could mean you lose valuable business to you competitors or your customers lose confidence in you.
BCM is simpler than you might think and to implement you will need to consider the following:
- What are your organisation’s key products and services?
- What are the critical activities and resources required to deliver these?
- What are the risk to these critical activities?
- How will you maintain these critical activities in the event of an incident such as loss of access to premises, loss of utilities etc.?