Business
Continuity Management (BCM) is a process designed to equip a company
with the ability to respond to IT systems failure. Although it’s
primarily designed for the recovery of IT services and functions, it
shouldn’t be solely about that. In essence, BCM also entails
implementing an organization-wide discipline. Once a BCM
strategy
is in place, it should be considered as the beginning of an ongoing
commitment: Organizations evolve, and disaster recovery strategies
like BCM need to evolve with them.
An efficient BCM process mainly consists of four stages, namely: Initiation, Requirements and Strategy, Implementation and Operational Management.
Initiation
The
initiation stage is when factors like budget, sponsorship,
identification of appropriate resources, and selection of the data
center provider are discussed.
Requirements
and Strategy
This
stage is critical to BCM implementation because it’s when the
organization determines how well it can survive a disaster or any
other type of business interruption. It can then accurately determine
the financial damage it may sustain. BCM requirements can then be
identified after risk-assessment activities and business impact
analysis are performed.
Implementation
The
BCM implementation stage includes four sub-stages, namely:
Identification of the roles and responsibilities of all personnel
involved, Provision of risk-reduction resources, Purchase of recovery
facilities, and Testing.
Operations
management
The
final step in BCM is to ensure everything is monitored and maintained
in a constant state of readiness. This equips the business with the
best possible means of recovery from a catastrophic incident.
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