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date: 22 September 2019

business continuity management (BCM) 

Source:
A Dictionary of Business and Management
Author(s):

Jonathan Law

A *risk management process designed to ensure the continuity of a business's key activities in the case of a major disruptive event (e.g. an IT systems breakdown or an epidemic of illness among staff). It involves identifying the key activities of a company, the resources needed to deliver them (e.g. personnel, systems, plant and machinery), and the major risks affecting these resources; a strategy must then be developed to restore key activities as soon as possible after any disruption. Once in place, a business continuity plan should be reviewed frequently in the light of any changes. ... ...

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