What does it mean by Business Continuity Management? Simply put, it is the ability of an organization to continue with the efficient and uninterrupted flow of business as long as any event that might cause interruptions is avoided. The term can also mean managing a company’s information systems in the event of disaster. Business continuity management can also be defined as the ability of an organization to continue with the efficient and uninterrupted flow of business as long as any event that could cause interruptions is prevented. So, basically, it focuses on the security, privacy and integrity of business data and communications systems of an organization.
Business continuity management was first introduced by the National Academy of Safety and Security Engineers (NASSE) and is a crucial component to managing a disaster management program. According to the NASSE, companies should be prepared for events such as hurricanes, earthquakes, outbreaks, pandemic flu, terrorism, fires and viruses. Business continuity planning can also include the preparation of response plans for employees, customers and public safety. It involves building a comprehensive plan for meeting unexpected events or contingencies that could occur. Business continuity management is actually made up of three elements: planning, implementing and monitoring.
Business continuity management is made up of three elements. It is important that these elements are reviewed regularly to monitor the status of your business and its vital assets. Reviews should include risk assessments and vulnerability evaluations. This type of analysis can help you identify vulnerabilities in your business and develop solutions to strengthen the security of your business.
Another aspect of business continuity management is assessing threats and preventing disasters. This can be done in many ways, including building security systems, maintaining the physical security of your building or business premises and using systems and software to prevent unauthorized access. Some companies use physical security measures to ward off intruders. They set up barriers to prevent vehicles from being driven into the building and they post notices to vehicles not to enter restricted areas. Business continuity management can also employ other methods to stop or prevent potential disasters. For instance, some companies have emergency response teams that respond to emergencies by running rescue operations or conducting search and rescue operations.
It may also be necessary to re-evaluate your business. Your company may face a number of threats and vulnerabilities that have the ability to bring it to a complete standstill. In this case, your business may require a thorough review to look at your processes, operations, assets and finances. Re-evaluating your business may seem daunting. In fact, it can actually be quite simple if you put your attention to the details.
This is an action plan for the ongoing care of your business and is designed to ensure that your business is running smoothly for as long as possible in the event of a disaster. It may include information about the current workforce, positions, responsibilities, and structure. This plan will allow you to identify the key personnel that are key to running your business, as well as those that are not so essential but still play an integral role in the smooth running of the company. Another part of business continuity planning is to develop an emergency procedure that should be followed in the event of a disaster. This procedure is designed to provide guidance on how to deal with day to day activities, both at the office and out.