Business Continuity Plans

Business Continuity Management (BCM) is defined as a management process that identifies potential impacts that threaten an organisation and provides a framework for building resilience with the capability for an effective response that safeguards the interests of its key stakeholders, reputation and value creating activities.

Its primary objective is to allow the organisation to continue to manage their business under adverse conditions, by the introduction of appropriate resilience strategies, recovery objectives, business continuity and crisis management plans in collaboration with, or as a key component of, an integrated risk management initiative.

BCM is recognised as a key tool to allow organizations to continue operating before, during and after known or unplanned events that can disrupt business. At a minimum BCM should be reviewed, updated as required and tested on an annual basis.

Business continuity plans should be in place to address human impact, infrastructure, safety and communication issues. For those areas of the business that are deemed as a critical function (e.g. time sensitive, supply issues, information technology) it is recommended that business continuity initiatives will need to be more detailed and comprehensive in nature.

For more information visit: The Business Continuity Institute (BCI) Website