What is Business Continuity Management (BCM)?
To some extent Business Continuity Management (BCM) grew out of IT Disaster Recovery Planning. While IT disaster recovery plans are still very important, BCM is now regarded as being concerned with every aspect of an organization’s operation – not just IT. It is not just about recovering from a disaster such as caused by fire or flood or the failure of computer systems. It can also be about the collapse of a key supplier or customer, an industrial dispute which halts critical supplies, loss of a key executive, an infectious disease epidemic, anthrax-type scares, fraud, unethical operations, environmental pollution and reputation management. The Business Continuity Institute (BCI) defines BCM as “the act of anticipating incidents which will affect mission-critical functions and processes for the organization and ensuring that it responds in a planned and rehearsed manner”. Gartner estimates that two out of five enterprises that experience a disaster will go out of business within five y
