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.
Nobody downloaded yet

Business Continuity Management - Essay Example

Comments (0) Cite this document
Summary
Name: Institution: Course: Tutor: Date: Business Continuity Management Business Continuity Management refers to a management process that searches for potential outcomes that may work to the disadvantage of a company’s success (Hotchkiss 2010, pp1-10). This process then scrutinizes and works out a feasible plan that can be used to create a strategy for its flexibility and the possibility of a workable solution…
Download full paperFile format: .doc, available for editing
Polish This Essay99% of users find it useful
Business Continuity Management
Read TextPreview

Extract of sample
"Business Continuity Management"

Download file to see previous pages Some of the components of a business continuity plan are business 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, its value with an effort to ascertain the context in which it is implemented in dealing with challenges that come with any business environment. Getting started with business continuity management According to Hiles (2010, p110) Business Continuity Management is a major component of comprehensive emergency management plan. It is thus an important asset for any organization, for it allows quick recovery form a disruption. It is not that organizations hope for disruptions to happen; it is only that in the current business environment, globalization has come with various uncertainties (Blyth 2009, p10).Therefore, a Business Continuity Management plan has to be clear to the participators, to the point and made in a way that it is directly meeting the needs of any given organization. It is, therefore, advisable that it becomes part of the manner in which an organization operates. In the past, this had always been a reserve for big multinational corporations. However, the recent past has seen a rise in the employment of such a plan with companies rising to the occasion of protecting its interest’s and its reputation (Eliot et al 2009, p1). Therefore, the firs t step involves the acceptance of its usefulness by the senior managers and the boss of a company. However, it should be of essence that this involves every employee, for it is part of their responsibilities. As a matter of fact, the existence of a business continuity coordinator is very essential. This is because; his team is given the responsibility of spearheading the whole process by providing the resources needed to manage the implementation of this BC program. Some of these steps concerned in the progress of this plan include: Understand the vulnerabilities of one’s company. Define the business continuity strategy. Develop a plan. Cultural change. Rehearse the plan. Background Business Continuity Management has its origins in catastrophe recovery planning. From this perspective, it grew to emergency planning before maturing into the ultimate new tactically focused management concern it is today(Blyth 2009, pp1-29). Having its roots in information systems, it has afforded to move from this technical focus to compliance focus. Some businesses are seeing beyond this s to a strategic focus. This has mainly been due to the changing requirements of both the stakeholders and the organizations. Relevance of business continuity management It is important for businesses that operate under risky environments such as finance, telecommunications, transportation and civic division to embrace this plan. This is because, the ability of them continuing to operate is majorly dependent on the organization as well ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Business Continuity Management Essay Example | Topics and Well Written Essays - 2500 words”, n.d.)
Business Continuity Management Essay Example | Topics and Well Written Essays - 2500 words. Retrieved from https://studentshare.org/management/1443906-ypwe-are-living-in-a-new-world-of-risk
(Business Continuity Management Essay Example | Topics and Well Written Essays - 2500 Words)
Business Continuity Management Essay Example | Topics and Well Written Essays - 2500 Words. https://studentshare.org/management/1443906-ypwe-are-living-in-a-new-world-of-risk.
“Business Continuity Management Essay Example | Topics and Well Written Essays - 2500 Words”, n.d. https://studentshare.org/management/1443906-ypwe-are-living-in-a-new-world-of-risk.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Business Continuity and Crisis Management
Organisations exist for the sole reason of providing services to their customers. In the course of providing services to their customers there exists a probability of certain disruptions that might impact them to such an extent that they might not be able to serve their customers.
9 Pages(2250 words)Essay
Business Continuity Management - Risk Management
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 nowadays. Companies can stabilize their cash flow through effective risk management practices.
11 Pages(2750 words)Essay
Business continuity management
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 and business activities.
2 Pages(500 words)Essay
The Key Drivers for Business Continuity Management
According to the discussion BCM has been defined by various authors and companies in similar, but yet somewhat different ways; it should be noted that there is no single notion of BCM; each company introducing its principles them into practice, makes the notion slightly amended according to the nature of company's business performance.
11 Pages(2750 words)Essay
Business Continuity Management
The second main fraction of this report is about the Business Impact Analysis (BIA). In this analysis we will identify the critical business processes and action those are essential for the British Red Cross for the survival of an
11 Pages(2750 words)Essay
5000 word essay following research into Emergency planning and Business Continuity Management and how they may be integrated with Security Risk Management
On the road to progress, emergencies and disasters cannot be avoided or wished away. For them emergency planning can be done to deter or prevent the effects of any emergency. 9/11
20 Pages(5000 words)Essay
FIction:
“The Destructors” is an amusing tale about a group of young boys that set out to demolish a neighbor’s home while he is away on a holiday. The main characters, Mike, T and Blackie are all members of the Wormsley Commons
6 Pages(1500 words)Thesis
Sustainability in manufacturing
Manufacturing refers to the process of producing goods that are meant for sale. The manufacturing process is an activity carried out by different organisations all over the globe. The manufacturing process, in this case, is carried out using tools, human labour, machines, biological and chemical processing.
14 Pages(2500 words)Literature review
Ethical Dilemma
To my point of view, the major concern of this situation is a lack of responsibility demonstrated by both Frank, who putted his personal interests and the interests of his co-workers above the interest of the company, and his manager, who assigned him for a position he had not had special education for. 
1 Pages(250 words)Essay
Business continuity and crisis management
Business Continuity Management (BCM) refers to a holistic framework that organizations use to identify risks and exposures to potential internal and external threats. (Stephenson, J. 1999). According to British Standard Institute, it also includes a range of processes that organizations need to adopt in their business cultures.
12 Pages(3000 words)Essay
Let us find you another Essay on topic Business Continuity Management for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us