What Is Business Continuity Management (BCM)?
“ Business Continuity Management is a holistic management process that identifies potential impacts that threaten an organization and provides a framework for building resilience and the capability for an effective response that safeguards the interests of its key stakeholders, reputation, brand and value-creating activities. BCM must be owned and fully integrated into the organization as an embedded management process. ”(Source: BCI)
Business Continuity Management is an integral cog in the wheel of everyday business planning and management cycles throughout an organisation. Business continuity planning benefits to all different types of organizations regardless of size, scale and scope. However, the scope and depth of the process differs slightly according to the size and complexity of an individual organization.