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BUSINESS CONTINUITY MANAGEMENT (BCM)

14-Oct-2021 13:44 PM

Business Continuity Management (BCM) is defined as the advanced planning and preparation of an organization to maintaining business functions or quickly resuming after a disaster has occurred.  It also involves defining potential risks including fire, flood, or cyber-attacks.

Business leaders plan to identify and address potential crises before they happen. Then testing those procedures to ensure that they work, and periodically reviewing the process to make sure that it is up to date.

Key benefits of business continuity planning

  • Maintain your business trading during and after an incident
  • recover operations more quickly after interruptions
  • reduce costs and duration of any disruption
  • build customer satisfaction and trust
  • safeguard company reputation
  • develop confidence within the business
  • comply with regulatory or legal requirements
  • insure against otherwise unacceptable risks
  • save lives, if dangerous events (such as a fire) occur.

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