Business continuity management (BCM) is key to a company’s recovery from unfortunate events or disastrous situations.
As a leading practice, business continuity plans (BCPs) should be developed by companies to document the required detailed recovery procedures and checklists to activate in the event of a major company incident, crisis and/or disaster situation. A review of this area includes looking for a governance program that helps ensure the maintenance and adequacy of the continuity planning process.
This tool features a number of leading practices for the BCM process, including:
- Assess risk (environmental, human-made, business process, supply chain, IT, etc.)
- Review legal, regulatory and contractual requirements
- Conduct a business impact analysis (RTO, RPO, capacity, interdependency analysis, etc.)