|
What is Business Continuity Management (BCM)?
Business into the 21st century is changing. Customers are less
tolerant of delays and outages in service. With the advent of E-commerce
customers have a greater selection of suppliers. In order to keep
your customers and maintain your competitive advantage you need
to manage the continuity of your business.
BCM is an ongoing management process that incorporates risk evaluation
and control. It is a proactive process rather than the reactive
process that is generally associated with Disaster
Recovery or Business Continuity
Planning.
In many ways it is nothing new. Managers at all levels of an organisation
are (or should be) identifying and treating risks that can affect
the smooth running of their area. The reasons for this include:
- Legal or Statutory Requirements;
- Commitment to the welfare of clients,
staff and suppliers ;
- Sound business practice.
Proactivity is the key. BCM helps the productivity of your business
by focussing upon the availability of the most critical business
functions and services. Instead of looking only at the recovery
of these functions and services when a failure occurs, BCM encourages
regular review (and improvement) of day-to-day operating procedures.
In a nutshell BCM is all about managing risks effectively to ensure
that an organisation can always continue to function at agreed minimal
levels.
The key to BCM is a full understanding of your business. Can you
answer the following questions?
- What are the key business functions
and services of your organisation?
- What are the relationships between business
functions?
- How long can you afford to be without
key business functions or services?
- What are the key resources used to perform
the key business functions?
- What are the risks faced by the resources
and business functions?
- Who or what is affected by outages to
key business functions and services?
- What are the consequences (impacts) of
these outages?
- What would you do if significant outages
occurred?
The answers to these questions are vital to the continuity of your
business. Business Continuity Management provides these answers.
The Business Continuity Management Process
What is involved in BCM? There are four stages in the BCM process,
namely:
- Initiation
- Set
policy, scope, allocate resources, planning, etc.
- Requirements and Strategy
- Business
Impact Analysis
- Risk
Assessment
- Business
Continuity Strategy Development
- Implementation
- Develop
Business Continuity Plans
- Implement
Risk Treatments
- Initial
Testing
- Operational Management
- Education
and Awareness, Training
- Testing,
Review and Maintenance
- Change
Management
ResumeIT specialises in the provision of consulting
services and product sales
that enable organisations to implement and maintain Business Continuity
Management.
Resume IT has developed methodologies for Business Continuity Management
and IT Service Management based upon Australian & New Zealand standards
and worlds 'best practice', including:
- AS/NZS 4360:1999 - Risk Management
- SAA/NZS HB 143:1999 - Guidelines for
managing risk in the Australian and New Zealand public sector
- Information Technology Infrastructure
Library (ITIL) Guidelines
- BCI and DRI Certification Standards
for Business Continuity Practitioners
|