business continuity management (BCM)

Business continuity management (BCM) is a framework for identifying an organization's risk of exposure to internal and external threats. 

The goal of BCM is to provide the organization with the ability to effectively respond to threats such as natural disasters or data breaches and protect the business interests of the organization. BCM includes disaster recovery, business recovery, crisis management, incident management, emergency management and contingency planning.

According to ISO 22301, a business continuity management system emphasizes the importance of:

  • Understanding continuity and preparedness needs, as well as the necessity for establishing business continuity management policy and objectives.
  • Implementing and operating controls and measures for managing an organization’s overall continuity risks.
  • Monitoring and reviewing the performance and effectiveness of the business continuity management system.
  • Continual improvement based on objective measurements.

 

Contributor(s): Karen Goulart
This was last updated in February 2013
Posted by: Margaret Rouse
View the next item in this Essential Guide: key risk indicator (KRI) or view the full guide: Enterprise risk management strategy: A planning guide for CIOs

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