Framework for Building Resilience & Safeguards
Business Continuity Management -BCMS - deals with impact/consequences not probability
Business continuity management is a management process that identifies potential impacts that threaten an organization and provides a framework for building resilience and the capability for an effective response that safeguards the interests of its key stakeholders, reputation, brand and value creating activities.
Business continuity management involves managing the recovery or continuation of business activities in the event of a business disruption and management of the overall program through training, exercises and reviews, to ensure the business continuity plan(s) stays current and up-to date.
Strategic and tactical capability of the organization to plan for and response to incidents and business disruptions in order to continue business operations at an acceptable predetermined level. An effective BCM programme will involve the participation of various managerial, operational, administrative and technical disciplines that need to be co-ordinated throughout its life cycle using procedures required and within the framework contained in the Organization's BCM policy document.