Business Continuity Planning Process Diagram - Text VersionWhen business is disrupted, it can cost money. Business Continuity Management (BCM) provides organisations with the capability to respond to and cope with disruptions to their business. Prioritise recovery of the organisation's business processes to achieve optimal allocation of resources focusing on protecting revenue and containing costs. The phases take an organisation from prioritising core business processes and developing recovery strategies, through to creating and testing the plans for each critical business unit. Losing business records or simply being "down" without access to vital customer and invoicing information can make a challenging economic climate impossible to manage through.
Once all worksheets are completed, the worksheets can be tabulated to summarize:the operational and financial impacts resulting from the loss of individual business functions and processthe point in time when loss of a function or process would result in the identified business impactsThose functions or processes with the highest potential operational and financial impacts become priorities for restoration. The Business Continuity Resource Requirements worksheet should be completed by business function and process managers. Meetings with individual managers should be held to clarify information and obtain missing information.After all worksheets have been completed and validated, the priorities for restoration of business processes should be identified.
This information will be used to develop recovery strategies.Recovery StrategiesIf a facility is damaged, production machinery breaks down, a supplier fails to deliver or information technology is disrupted, business is impacted and the financial losses can begin to grow.
Equipping converted space with furnishings, equipment, power, connectivity and other resources would be required to meet the needs of workers.Partnership or reciprocal agreements can be arranged with other businesses or organizations that can support each other in the event of a disaster.
Section of the DHS it is accountable for developing business continuity management strategies the worst possible scenarios and how they might strategy to providing.
Detailed background on CISSP exam Domain 7, covering business continuity and disaster recovery.
Business continuity and disaster recovery planning: Management leadership, goals and requirements, business impact analysis, team building and implementation. The main goals of a business continuity plan are to improve responsiveness by the employees in different situations, ease confusion by providing written procedures and participation in drills and help ensure logical decisions are made during a crisis. Establishing an enterprise wide BCM plan management strategy assisted by automation can only ensure that the established continuity capability, current, viable and available during a crisis. Although many tools will simplify and automate aspects of the BCM program, only quite a few solutions offers the required capability to address any type of the consequence scenario and assist organizations to establish the required continuity capability across multiple lines of business and locations globally.
Ability to capture complete information of all processes including people, equipment, systems and premises along with the dependency details through its process modeling provides complete view of all business operations by unit, by criticality and by location or any combination of the above. The role of Business Continuity Management Continues to Expand and Extend due to the increasing demands of the enterprise’s industry vertical and key business partners. The Management & Review module offers the complete support to manage the established Business Continuity Manage System in compliance with the standard.

Business continuity deals with keeping a company and business after a disaster has been experienced and takes a lot more into account than just technology.
The business continuity committee must identify the necessary skill set for each critical task and come up with back up solutions as in using temp agencies or cross training individuals. More and more companies are developing business continuity into their environment because of the raised awareness of tragic possibilities, but also because of new regulatory requirements that infer executive management obligations for fiscal responsibility.
Companies unable to support the ongoing service fees required for these options sometimes make arrangements with compatible companies who will host each other's employees and business functions in the event of a disaster. The speed with which modern business is transacted means that a disruption of only a few hours could have a sizeable impact on the profitability, reputation and long-term viability of an organisation.
Goh Moh Heng, President of BCM Institute discussing about competency based business continuity management training as part of the Singapore Workplace Development Agency's WSQ programme during the World Continuity Congress (WCC) Singapore 22 April 2014 at Carlton Hotel. Therefore, recovery strategies for information technology should be developed so technology can be restored in time to meet the needs of the business.
Completed worksheets are used to determine the resource requirements for recovery strategies.Following an incident that disrupts business operations, resources will be needed to carry out recovery strategies and to restore normal business operations.
Recovery strategies are alternate means to restore business operations to a minimum acceptable level following a business disruption and are prioritized by the recovery time objectives (RTO) developed during the business impact analysis.Recovery strategies require resources including people, facilities, equipment, materials and information technology. Periodic review of the agreement is needed to determine if there is a change in the ability of each party to support the other.There are many vendors that support business continuity and information technology recovery strategies. Recovery and testing: Strategies for executing recovery, carrying out drills and types of plan testing. The necessary software -- the operating systems, programs and utilities used during regular business -- must also be backed up regularly to the offsite facility. With pennApps BCM, you can capture the complete organizational asset information, assess the process criticality against the policy definitions, define the consequence scenarios, determine continuity strategies and then formulate continuity plans either at organizational unit level or location or any of the combination.
Today, approximately 65% of companies could not stay in business if they had to be closed for a week or longer. Almost every type of business interruption causes some direct or indirect affect on the productivity of a company, thus its revenue stream.
Appropriate risk financing is a backstop to ensure we can implement necessary business plan continuity.
The business case can include current vulnerabilities, regulatory and legal obligations, current status of recovery plans and recommendations. The decision of how a company should plan to recover is purely a business decision and should be treated as such.
More importantly, during this current economic downturn, businesses are already feeling the pressure of significant revenue declines, disappearing profits and tightening cash flow.

The worksheet should be completed by business function and process managers with sufficient knowledge of the business. An analysis of the resources required to execute recovery strategies should be conducted to identify gaps. External suppliers can provide a full business environment including office space and live data centers ready to be occupied.
Business continuity and disaster recovery planning It's critical that companies understand the degree of potential damage and revenue losses that different types of business interruptions can cause.
Business Continuity is increasingly gaining the importance at strategic level and becoming an integral part of good corporate governance.
The planning toolbox enables you to configure the continuity considerations as per your organizational needs. You would need to replace all computer resources, networking -- maybe even people -- as well as find a new site to get your business running again.
This is by far the least expensive, but is also the most risky since few companies maintain the extra capacity and equipment that would be suitable to host another company's business processes. Staff with in-depth knowledge of business functions and processes are in the best position to determine what will work. The availability and cost of these options can be affected when a regional disaster results in competition for these resources.There are multiple strategies for recovery of manufacturing operations.
However, quite often, these business continuity management (BCM) plans are outdated in no time as they are not updated reflecting the current business availability needs, or they are stored in multiple places throughout the enterprise, making it hard to keep them current.
Effective business continuity solution should enable the organization to address any consequence scenario that may impact any of the organizational assets and provide all the required information that is required for effective response at one place with real-time updates.
Loss resiliency through minimization of regional natural catastrophe exposures, global scale and redundancy Adoption of world-class  standards Recognized best-practices for loss prevention, crisis management and business recovery Business Continuity Management Process GLOBALFOUNDRIES utilizes methodologies recommended by recognized standards and organizations. It allows organizations to customize each part of the solution using the configuration features adapting to their business needs or unique situations. The point in time when a function or process must be recovered, before unacceptable consequences could occur, is often referred to as the “Recovery Time Objective.”Resource Required to Support Recovery StrategiesRecovery of a critical or time-sensitive process requires resources.

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