BUSINESS CONTINUITY – BCM – ISO 22301
Disruption, Reputation, Risks and engagement are the basics of this standard. Adoption to ISO 22301, leads the organizations to reduce the frequency and impact of disruptions, enhances reputation in the market, visibility on the risks either internally or externally, increase resilience and deliver real benefits.
Business Continuity Management (BCM) is a holistic management process that identifies potential threats to an organization and provides a framework for building resilience and the capability for an effective response. ISO 22301 is the international standard that specifies the requirements for a Business Continuity Management System (BCMS). The goal of ISO 22301 is to help organizations establish, implement, maintain, and continually improve an effective and robust business continuity management system.
ISO 22301 is based on the Plan-Do-Check-Act (PDCA) cycle, emphasizing continual improvement in business continuity capabilities. Organizations that implement ISO 22301 can enhance their ability to respond to disruptions, minimize the impact of incidents, and ensure the continuity of critical business activities. Certification to ISO 22301 by an certification body demonstrates that an organization has a robust and effective business continuity management system in place. ISO 22301 encourages organizations to conduct a risk assessment to identify potential threats and vulnerabilities. A Business Impact Analysis (BIA) is performed to understand the impact of disruptions on critical business activities. Organizations develop and implement Business Continuity Plans (BCPs) based on the results of the risk assessment and BIA. BCPs outline strategies and procedures to ensure the continuation of critical business functions during and after a disruption.
ISO 22301 is a flexible standard that can be adapted to various organizational sizes, structures, and industries. It helps organizations to develop a proactive approach to managing disruptions and minimizing the impact on their ability to deliver products or services.