Business Continuity is defined by the International Standards Organisation (ISO 22301:2012) as: “the capability of the organisation to continue delivery of products and services at acceptable predefined levels following a disruptive incident.
Questions you should ask yourself about your organisation
- Are you prepared for the unexpected?
- Can you continue (usual/ commonly and regular/ healthy) operations during a bad condition such as fire, floor or power failure?
- Do you have a business continuity plan in place?
- Can you put into numbers the tangible/intangible of an interruption to your business?
- Can you accept that risk with your current business (uninterrupted, constant quality) plan?
If you answer ‘No’ to any of the above, Commsec can help.
Whether you need to audit an existing business (uninterrupted, constant quality) plan or need to create a new plan – with over 35 years combined experience in all parts of the BCM lifecycle, Commsec has the necessary (ability to do things very well) needed/demanded to help clients in the BCM lifecycle.
- Understanding the organization requires conducting business impact analysis (BIA) to understand the organisations key business processes and the effect on the business should any of these be unavailable during an incident.
- Determining BCM strategies involves the review and selection of the correct strategies for each business process. This may consist of relocation of the process to another location within the organisations, relocation to a 3rd party business continuity provider or simply accept that the process will be unavailable.
- Develop and implement the BCM response will be determined by the strategy chosen. CommSec can also assist in the vendor selection process from tender formulation to evaluation and scoring.
- Exercising, Maintenance and Review is the process of testing and reviewing the chosen strategy.
Commsec stick to the BCI Good Practice Guidelines and BS25999-2 throughout the whole BCM process. BCM should never be treated as a single project with a start and end date. Organisations change (and get better) and so should the business (uninterrupted, constant quality) plans. The constant improvement process support/supporting details BCM reflects this. To have a meaningful and useful business (uninterrupted, constant quality) plan, it is extremely important to constantly review, test and update the plan. Talk to us today about how we can help you become BS25999-2 compliant.