Business Continuity Management: A Practical Guide to Organizational Resilience and ISO 22301
Business Continuity Management: A Practical Guide to Organizational Resilience and ISO 22301
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This book provides practical solutions for implementing business continuity management and organizational resilience based on international best practice from ISO 22301:2019. It offers a straightforward guide to delivering an effective business continuity capability, including case studies of organizational crises and disruptions and key performance indicators, templates, and checklists.
Format: Paperback / softback
Length: 344 pages
Publication date: 03 April 2021
Publisher: Kogan Page Ltd
Business continuity management and organizational resilience are crucial aspects of maintaining a healthy and thriving business. However, many organizations often overlook or underestimate the importance of these practices, resulting in significant gaps and vulnerabilities. In this comprehensive guide, we aim to provide practical solutions and best practices for implementing effective business continuity capabilities, drawing from international standards set by ISO 22301:2019.
Business continuity management involves the proactive planning and preparation of an organization to mitigate the impact of disruptions or crises. It encompasses a range of activities, including risk assessment, business impact analysis, and the development of recovery strategies. By implementing a robust business continuity management program, organizations can ensure that they can continue to operate, meet their obligations, and protect their employees, customers, and stakeholders during times of uncertainty.
Organizational resilience, on the other hand, refers to an organization's ability to adapt and respond to changing circumstances, both internal and external. It involves developing a culture of resilience that empowers employees to make informed decisions, collaborate effectively, and bounce back from setbacks. Organizational resilience is particularly important in today's fast-paced and interconnected world, where unexpected events can have a significant impact on businesses.
To deliver an effective business continuity capability, organizations must follow a structured and systematic approach. This includes identifying critical business processes, establishing clear roles and responsibilities, and developing contingency plans that address potential disruptions. It also involves regular testing and training of employees to ensure that they are prepared to respond to incidents and crises.
One of the key benefits of implementing practical solutions in business continuity management and organizational resilience is that it can help organizations mitigate the financial and reputational risks associated with disruptions or crises. By having a well-defined and effective response plan, organizations can minimize the downtime and recovery costs, and minimize the impact on their customers and stakeholders.
Furthermore, implementing best practices in business continuity management and organizational resilience can also enhance an organization's overall competitiveness and resilience. By being proactive in identifying and addressing potential risks, organizations can position themselves as leaders in their industry and build a reputation for reliability and trust. This can lead to increased customer loyalty, improved business relationships, and enhanced market share.
In conclusion, business continuity management and organizational resilience are critical components of any successful business. By implementing practical solutions and best practices guided by international standards, organizations can ensure that they are prepared to face any challenges that may arise. Whether it's a natural disaster, cyber attack, or economic downturn, having a robust business continuity capability can help organizations minimize the impact and recover quickly.
Business continuity management (BCM) is a critical component of an organization's risk management strategy, as it focuses on ensuring the continued operation of the business in the face of disruptions or crises. BCM involves the proactive planning and preparation of an organization to mitigate the impact of such events, and to ensure that the business can recover quickly and effectively.
One of the key aspects of BCM is the identification of critical business processes and the development of recovery strategies to ensure that these processes can be maintained or recovered in the event of a disruption. This involves a comprehensive risk assessment, which involves identifying potential risks and vulnerabilities that could impact the business, and developing strategies to mitigate these risks.
Another important aspect of BCM is the development of an effective communication plan, which ensures that all stakeholders are aware of the potential risks and the actions that need to be taken in the event of a disruption. This includes not only internal stakeholders, such as employees and management, but also external stakeholders, such as customers, suppliers, and regulatory bodies.
In addition to these core elements, BCM also involves the development of an emergency response plan, which outlines the steps that need to be taken in the event of a disruption. This plan should include clear roles and responsibilities, as well as a timeline for recovery and a communication strategy to keep stakeholders informed.
One of the key benefits of implementing BCM is that it can help organizations mitigate the financial and reputational risks associated with disruptions or crises. By having a well-defined and effective BCM program, organizations can minimize the downtime and recovery costs, and minimize the impact on their customers and stakeholders.
Furthermore, BCM can also enhance an organization's overall resilience and adaptability. By identifying and addressing potential risks, organizations can position themselves as leaders in their industry and build a reputation for reliability and trust. This can lead to increased customer loyalty, improved business relationships, and enhanced market share.
In conclusion, BCM is a critical component of an organization's risk management strategy, as it focuses on ensuring the continued operation of the business in the face of disruptions or crises. By implementing a comprehensive and effective BCM program, organizations can mitigate the financial and reputational risks associated with such events, and enhance their overall resilience and adaptability.
Weight: 520g
Dimension: 155 x 232 x 23 (mm)
ISBN-13: 9781789668131
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