Business Continuity Management (BCM) is a process that helps organisations prepare for, respond to and recover from disruptions or incidents, regardless of the nature / size of the disruption, or the type of impacts they may have.
Over 600 businesses were affected by the Manchester bomb, 1996, many of these did not resume trading.
During a period of disruption it is essential business deliverables are maintained, and mitigating the impacts of disruption on your business or organisation. Without effective planning, service disruption could result in:-
- A complete failure of your business or organisation
- Loss of income
- Loss of reputation and / or loss of customers
- Financial, legal and regulatory penalties
- Human Resources issues
- An impact on insurance premiums
Having an effective Business Continuity Plan in place will help you deal with incidents affecting your business