Business Continuity Management
- Is initiated by management and is subject to a standard.
- Is positioned in the operational area.
- Ensures the continuity of the company in critical situations.
- The goal of BCM is the reduction of operational downtime in the event of a loss.
- Furthermore, the BCM certification process already works intensively on existing risks and thus analyzes and limits the fundamental entrepreneurial risks.
How large is the operational output?
Analysis of budgetary impact of a possible loss.
Through the course of the risk analyses, our specialists determine the contribution margin associated with a business interruption.
An analysis of the value chain serves as base.
Business Impact Analysis
What does the value chain look like and where are key critical paths found?
Understand business processes of particular importance to the business and the potential consequences of failure.
These critical processes are secured in the emergency management.
Even the best risk management cannot eliminate all risks.
Establish emergency and crisis management.
Identify possible risk events. Develop coping strategies, and initiate countermeasures.
Test, Exercises, and Certification Preparation
How well does your BCM work?
To ensure the adequacy, efficiency and timeliness of emergency preparedness, regular testing and exercises are required.
risk on mind® can also ensure your BCM for certification according to ISO 22301 and/or BSI standard.
From a Business Perspective:
Supports strategic objectives. Creates competitive advantage. Enhances and protects reputation and credibility. Strengthens business resilience.
From a Financial Perspective:
Reduces legal and financial risk. Reduces direct and indirect costs of disruption and damage.
From the Perspective of Interested Parties:
Protects life, property, and the environment. Addresses expectations of interested parties, and builds confidence in the company's ability to succeed.
From the Perspective of Internal Processes:
Generates or improvse the ability to remain operational during a disruption. Demonstrates proactive control of risks effectively and efficiently. Addresses operational vulnerabilities.