Risk managers need a framework to process operational threats of a complex world. That framework is Business Continuity Management (BCM).
BCM is a holistic approach that identifies potential threats to a business then helps mitigate the potential financial and operational negative impact. Sound business continuity plans can help organizations respond to business disruptions effectively, manage supply chain challenges and minimize critical operations outages. BCM builds organizational resilience to safeguard the interests of key stakeholders and their value-creating activities.
Business Continuity Management can enhance an organization’s financial performance. This report explores the foundational elements of BCM, how organizations can understand their level of BCM maturity, what it takes to develop a business continuity plan, why a Continuity Blueprint is an essential part of risk management and how to implement a BCM system that can produce a return on investment.