ISO 22301 - Business Continuity Management (BCM)
Author: TEAM AGILE
What is ISO 22301?
Business Continuity Management (BCM) is a management process that identifies potential impacts that threaten an organization and provides a framework for building resilience and the capability for an effective response which safeguards the interests of its key stake holders, reputation and brand.
What is benefit of ISO 22301?
ISO 22301 brings together international best practice to help organizations respond to, and recover from, disruptions effectively. This means reduced costs and less impact on business performance should something go wrong.
Other benefits include:
· The ability to reassure clients, suppliers, regulators and other stakeholders that the organization has sound systems and processes in place for business continuity
· Improved business performance and organizational resilience
· Protection of both the physical and knowledge assets of the business.
· Compliance issues can be identified and managed for alternative processes.
· Important records related to business can be maintained and protected.
· Risks are reduced by implementing risk assessment.
· Effectiveness of operations is totally improved.
· Effectiveness of operations is totally improved.
How to Implement ISO 22301
There is no single blueprint for implementing ISO 22301 that will work for every company, but there are some common steps that will allow you to balance the often-conflicting requirements and prepare you for a successful certification audit.
This methodology is based on the guidelines of ISO standards and also meets the requirements of ISO 22301
· Initiating the BCMS
· Analyze the existing System
· Leadership and Project Approval
· Business Impact Analysis
· Risk Assessment
· Organizational Structure
· Business Continuity Plan & Procedures
· Training, Awareness
· Exercising and Testing
· Monitoring, Measurement, Analysis and Evaluation
· Internal Audit
· Treatment of Non-conformities
· Continual Improvement