Nobody downloaded yet

Business continuity and crisis management - Essay Example

Comments (0) Cite this document
The current essay "Business continuity and crisis management" shall investigate the topic of business continuity management in business. The writer claims that it is important to point out that Business continuity and crisis management will take new shifts in the near future…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.4% of users find it useful
Business continuity and crisis management
Read TextPreview

Extract of sample "Business continuity and crisis management"

Download file to see previous pages BCM plays an important role in every organization that uses it. One major aim of having a BCM program on any business to is to give it the capacity to have a quick and effective response to global crises such as cyber attacks mostly through data breaches, natural disasters and ensure the business interests of the organization are protected. (Blyth, M. 2009). What this means is that BCM is not only about crisis management, but it also includes disaster and business recovery, incident and emergency management. The ISO 22301, which is a system of business continuity management, places emphasis on a few areas that are crucial in BCM.First, it suggests that there is a great need to have an understanding of the needs of continuity and preparedness. Moreover, there is need to understand why it is necessary to establish a BCM policy and objectives in an organization. It adds that the effectiveness of the entire process relies heavily on this understanding. Secondly, there is need for an organization to implement and operate controls that can manage its overall continuity risks. It therefore, suggests that it would be meaningless to have a BCM policy when the organization is not ready to implement it. (Bajgoric, N. (n.d.). Thirdly, the organization should constantly review and monitor the effectiveness of the BCM program to ensure it is working according to its goals. Finally, the regular assessment of BCM will lead to objective measurements that are important in continual improvement. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Business continuity and crisis management Essay - 2”, n.d.)
Business continuity and crisis management Essay - 2. Retrieved from
(Business Continuity and Crisis Management Essay - 2)
Business Continuity and Crisis Management Essay - 2.
“Business Continuity and Crisis Management Essay - 2”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Business continuity and crisis management

Business Continuity and Crisis Management

...?Business Continuity and Crisis Management Table of Contents Table of Contents 2 Introduction 3 What is BCM? 5 Critical Appraisal of Drivers of BCM 6Stages in BCM Implementation 8 Preconditions for Effective BCM Implementation 11 Benefits of Implementing BCM in an Organisation 12 Challenges Presented by Business Environment to BCM Implementation 13 Factors Involved in Effective Crisis Management 16 Critical Analysis of BCM in an International Context 17 Conclusion 18 References 19 Bibliography 23   Introduction Organisations exist for the sole reason of providing services to their customers. In the course of providing...
9 Pages(2250 words)Essay

Strategic Crisis Management in Enhancing Business Continuity and Stability

...Strategic Crisis Management in Enhancing Business Continuity and Stability Introduction Organizations in different sectors encounter the risk of disruptive events. The effects vary from simple or minor inconvenience that briefly disrupts the usual activities to the closure of the business. This problem necessitates crisis management. Crisis management is an enterprise’s pre-established strategies and activities that are intended for planning, responding as well as rectifying significant disastrous incidents or events (Augustine, Sharma, Smith, & Thomas, 2000). An organization’s success...
6 Pages(1250 words)Research Paper

Business Continuity and Crisis Management: Crisis monitoring and Communication

...Table of Contents Table of Contents 2 Introduction 4 Crisis stages 5 Crisis management 6 Contingency plans 6Formulating a contingency directive 7 Escalation Preventive Measures 8 Crisis communication 8 Case study: The Johnson & Johnson Tylenol disaster 9 The 1982 Tylenol tragedy 10 Johnson & Johnson’s reaction 11 Product re-introduction 12 Tylenol’s crisis tackling model 13 Conclusion 14 Bibliography 15 Crisis monitoring and Communication The art of successfully managing a crisis in a business refers to the procedure of deciding of appropriate lines of action that will help a company to...
12 Pages(3000 words)Essay

Business Continuity Management - Risk Management

...? Business Continuity Management - Risk Management Table of Contents Background 3 Crisis Management and Crisis Communication 4 The Failure of the Royal Bank of Scotland 5 Role of Authorities 8 Recommendation 9 Conclusion 10 References 11 Background The success of any business depends on the degree of the risk taking ability of the managers and the owners of the company. The undeniable reality of doing business in today's global market is called risk. Since nowadays companies and organisations are working in a seamless market, so the risk has also become borderless...
11 Pages(2750 words)Essay

Citigroup Crisis Management and Continuity Plan

...? CitiGroup Crisis Management and Continuity Plan Introduction: The primary goal of a business continuity planning procedure is to facilitate an organization to prepare for prevention and recovery measures that would enable the company to manage its functions during a crisis situation thereby maintaining its competitive advantage and the values that it follows (Elliot, Swartz & Herbane, 2002, p.2). Citigroup is a financial group based in the United States that encountered several challenges over the years and serves to provide its customers with uncomplicated, innovative and dependable financial solutions. Serving the...
7 Pages(1750 words)Essay

Business Continuity Management

...and disaster recovery, crisis, incident and emergency management, product recall and unforeseen event planning. For this Business Continuity Management to be functional, it has to be grown (Eliot et al 2009, 1). From a simple obscure branch, it grows into a completely fledged conventional business practice. To affect this, one has to have some acquaintance in the key concepts of building a flexible organization and involve the use of a standard (BS 25999) as a channel towards best practice (Blyth 2009, p10). In this paper, we look at the implementation of business continuity management,...
10 Pages(2500 words)Essay

Business Continuity and Crisis Management

...Abstract The business today is becoming more complicated due to several applications and the ever-changing environment and this means that there are more risks that need to be dealt with. Organizations that wish to remain competitive and successful must be protected from the unnatural events that may interfere with the smooth running of the business. This paper explores the meaning of business continuity and crisis management within an organization and it also highlights the terminology of business continuity management and its importance to the organization. The relationship between...
11 Pages(3000 words)Essay

Business continuity management

...Business Continuity Management In modern world, continuity management and unexpected incidents prevention has become an urgent need from the standpoint of national safety. This point is explained by the fact that business is an integral part of national and global economy which requires special attention and government actions to be made in order to protect national security and business itself. Unlike corporate management issues where the manager can step back away from the table and do a re-assessment of the situation based on the data presented, the incident commander does not have that option. For this reason, government views BCM as a bridge between theory and practice which helps it to eliminate risks to government services... has...
2 Pages(500 words)Essay

Business Continuity Management to present and evaluate and demonstrate the Stakeholder Analysis and a Business Impact Analysis (BIA). This research is initiated through a Civil Contingencies Act (2004) they work very closely with Category 1 & 2 responders and as a result they need to have a business continuity management (BCM) strategy in place so that they can continue to operate and give assistance to Category 1 responders in the event of a crisis or disaster. 3 Working Structure In this section I will present the detailed study and explanation of the working structure of the British Red Cross. Here my aim is to find out the main and essential factors regarding...
11 Pages(2750 words)Essay

Business Continuity

...Business Continuity Definitions and Purposes ‘Running business continuity’ is defined as the procedure of maintaining and recovering a particular business from any damage. It mainly aims to identify any sort of damage or hazard, which restricts a business from attaining its intended targets. Theoretically, ‘developing business continuity’ is described as the program of managing a specific business from any sort of damage. It generally focuses on using effective policies for generating positive results. The notion of ‘testing business...
1 Pages(250 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Business continuity and crisis management for FREE!

Contact Us