What is Business Continuity Management (BCM)?
Business continuity management (BCM) is an essential part of modern risk management. It represents an indispensable procedure as well as a set of tools to help prepare companies for possible incidents or disasters in order to ensure continued operations even in difficult times.
We are experts in BCM and offer comprehensive services for companies of all sizes. From identifying potential risks to creating a disaster plan to reviewing and practicing emergency processes, we can help you every step of the way on your BCM journey.
Why is BCM an indispensable part of modern risk management?
A company that is not prepared for the future faces potential failure. That’s why it’s important to think about potential risks and take appropriate action. Effective risk management starts with identifying potential risks. Not only technical or legal aspects should be considered, but also human factors.
Business continuity management is an important basis for risk management here, as it helps companies to identify their needs and requirements. With the help of a business continuity management system (BCMS), companies can also optimize their disaster planning and improve their emergency management. Through regular exercises and tests, emergency processes can always be optimized. In addition, weak points can be identified and eliminated at an early stage.
Topics of Business Continuity Management
We now ask ourselves what all needs to be done in business continuity management in order to achieve the set goals. We would then like to give you a summary of the decisive measures of BCM to give you a feeling for how well prepared you are.
In very general terms, it can be said that successful crisis management has three important goals: The first is information gathering. It is important to know what exactly has happened and what impact it will have on the company. The second is planning. Once you know what has happened, you now need to determine what measures should be taken to limit the negative impact or avoid it altogether. The third and final objective is to implement the measures. This includes monitoring the measures to see whether they are actually successful or not.
Business process analysis
Business impact analysis (BIA) is an important component of business continuity management (BCMS). The business impact analysis makes it possible to identify the most important business processes and their impact on the company's goals. By creating a BIA, the BCMS can be specifically optimized and adapted to the specific needs of the organization.
Defining contingency plans
When it comes to business continuity management (BCMS), companies should determine what contingency plans they have in place and what they look like. This is an important aspect of BCMS as it relates to how a company can respond to potentially severe disruptions. There are many different types of contingency plans that have been developed with BCM in mind. Some of them relate to the technical domain, others to the business domain. But they all have one thing in common: they ensure that the company is able to cope with potential difficulties and continue its business operations.
It's important that your company conducts regular emergency drills to ensure that all employees know what to do if an event does occur. Regular drills also ensure that the necessary actions are always up to date.
Continuous improvement of plans and measures
In every company, there is a need to continuously improve business continuity management. This applies both to the plans and measures that are already in place and to those that still need to be developed. We now present a summary of the critical measures to give you a sense of how well prepared you are.
We help companies identify potential risks
We help you identify potential risks and manage them appropriately. To do this, we leverage our extensive expert knowledge and broad portfolio of IT security and information security services, reinforced by our own legal department. Together, we evaluate their existing systems in the company and adapt them where necessary to reduce potential risks. We also help them identify new risks and develop contingency plans.
How do we monitor and practice emergency processes together with you?
Our solutions are customized to your company and take into account both your internal processes and your specific industry requirements. We work closely with you to ensure that your BCM program is not only effective, but also easy to implement and manage.
In doing so, we help you monitor and practice your emergency processes to ensure they will work in the event of an emergency. This includes providing the necessary resources and defining the necessary requirements. We then work with you to monitor the implementation of the processes and check that they are working. Secure your business and protect it from potential incidents and disasters. Contact us today to learn more about our business continuity management services.