Every organization is susceptible to events that could halt operations and jeopardise the continuation of the business. Hence, the requirement for response actions and plans that enable managing these occurrences and their consequences through a Plan or Business Continuity Management System.
How can a BCMS Implementation Help Your Organization?
In the event of an interruption, whether it be from a cyberattack, natural disaster, civil unrest, or any other threat to business operations, a business continuity plan (BCP) is a strategic playbook designed to assist an organization in promptly resuming or maintaining commercial operations. A business continuity plan covers corporate processes, assets, people resources, business partners, and more. It also specifies the steps and guidelines that the organization must adhere to minimize downtime during such an incident.
A disaster recovery plan, which focuses on restoring IT infrastructure and operations following a crisis, is not the same as a business continuity plan. Nevertheless, a disaster recovery plan is a component of the larger plan to guarantee business continuity, and the action items listed in the plan should be guided by the business continuity plan.
Process to Develop BCMS Certification Plan
The International Organization for Standardization (ISO) developed and published the ISO 22301 standard as a shared framework for action to implement and maintain a business continuity management system. Key stages or actions for putting into practice:
- To Establish Scope: this involves figuring out which business operations inside the company we want the BCMS to take into account.
- To assess the criticality of each scope process by conducting a Business Impact Analysis (BIA). It has the following elements:
- Establishing the criticality of a business process involves examining the various effects—operational, financial, legal, reputational, etc.—that disruption would have over time.
- It also identifies the temporary and resource requirements needed to maintain operations and restore normalcy, including those related to machinery, services, suppliers, human resources, infrastructures, and used technologies. Recovery times, the maximum acceptable time of a service drop, minimum service recovery levels, etc.
- To Carry Out Risk Analysis, consisting of:
- To assess any risks to the resources that the company has access to;
- To assess the likelihood of occurrence and the potential consequences of each danger to estimate the level of risk associated with it. A high risk ought to signal our concerns over the asset’s ability to continue operating;
- To create a plan for treating risks that include putting controls in place, usually preventive ones that assist lower the likelihood that threats will materialise.
- Determine potential crisis scenarios based on the findings of the risk analysis, and then develop a recovery plan for each.
- For each of the important scenarios that have been identified, develop and record comprehensive plans of reaction and recovery that include the actions that must be taken from reporting the incident until things are back to normal. The intention is to prevent situations from getting worse or becoming irreversible by avoiding absence or impromptu decision-making.
- To ensure that the reaction and recovery plans are sufficient and truly function, they should be put through tests and exercises. There will be reports that detail the outcomes and occurrences that occurred.
- To carry out reviews and audits of our Management System to guarantee its maintenance and formation of corrective measures. Implementing strategies to raise staff members’ awareness of company continuity and their familiarity with established plans is what is meant by awareness.
- Ultimately, by putting in place a Business Continuity Management System, any organization, no matter how big or small, can be guaranteed to be ready for any kind of security incident that could potentially disrupt its operations. This will increase security and readiness for any eventuality.
To Know Certificationconsultancy.com
Certificationconsultancy.com offers an ISO 22301 documents and training kit which includes an ISO 22301 manual, BCMS policies, BCMS procedures, audit checklist, SOPs, Exhibits, and so on. The ISO 22301 audit checklist contains more than 350 audit questions. Our ISO 22301 documents meet all of the standards of ISO 22301:2019, saving you both time and money. Accurate formats and user-friendly templates save on repetitious labour. Control of BCM systems is enhanced by our tried-and-true forms and templates. Numerous businesses put ISO 22301 processes into place to gain certification and enhance company continuity. More than 1500 hours were devoted to the planning.