Business Continuity Management (BCM) is the approach that identifies potential threats to an organization and impacts to business operations. BCM provides a framework for building organizational resilience with the capability of an effective response that safeguards the interests of its key stakeholders, reputation, brand and value-creating activities1. BCM involves the following steps2:
Establishing the context and scope of the BCMS
Conducting a business impact analysis (BIA) and risk assessment (RA)
Developing business continuity strategies and solutions
Implementing business continuity plans and procedures
Exercising, testing and reviewing the BCMS
Continually improving the BCMS References:
ISO 22301:2019, clause 3.6
ISO 22301 Auditing eBook, page 15
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