Top Business Continuity Management and Planning Questions

Top Business Continuity Management and Planning Questions
A Guide to Business Continuity Management – Top 15 Frequently Asked Questions

Introduction

Business continuity means contemplating all scenarios and solutions, regardless of the event’s cause and whether it was within our control.

In the current environment, in which businesses of all sizes and types are being tested in unprecedented ways by the coronavirus (COVID-19) pandemic, business continuity and resilience has become a critical discussion in boardrooms and C-suites across the world. The pandemic’s widespread impact has forced organizations to revisit business continuity planning (BCP) and how to embed BCP practices in day-to-day operations. As we consider the changing landscape brought on by the pandemic, it’s important to remember that other business risks continue to threaten business continuity. Natural and man-made disasters, as well as technology risks, abound. How can organizations stay prepared for these events? How can they develop a business continuity management (BCM) program that responds to all crisis types and scenarios? Who is the right person in the organization to own and manage the BCM program? And, what are the critical elements of a business continuity policy?

In Protiviti’s Guide to Business Continuity Management: Top 15 Frequently Asked Questions (July 2020), we answer these critical questions along with many other pressing questions about BCM and related practices. Also included in this edition is a glossary of key BCM terms and definitions.

Download the Top 15 FAQs

 

COVID-19 and Pandemics

1. Considering the COVID-19 pandemic, what role should business continuity management (BCM) programs play in pandemic planning and response?

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2. What are some key business continuity considerations or priorities when developing a pandemic response, and what lessons have we learned so far from COVID-19 that would inform future business continuity planning?

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3. How should your BCM program provide support for returning to normalcy post-pandemic?

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The Basics of BCM

4. What is Business Continuity Management (BCM)?

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5. What is the value to an organization in designing and deploying BCM programs?

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6. BCM incorporates many different terms that appear to be very similar. What are the similarities and differences with some of the common terms?

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7. What is the difference between crisis management and crisis communications?

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Program Development and Strategies

8. Is there a best practice approach to business continuity planning?

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9. What are the critical elements of a business continuity policy?

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10. What are some alternatives to performing an exhaustive BIA and risk assessment?

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Ownership and Governance

11. Who is the right person in the organization to own the BCM program?

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12. How do you structure an internal business continuity function or planning team?

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13. How do you convince executive management to fully support the organization’s business continuity efforts?

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The Regulatory Environment

14. How should regulations and standards shape the development of a BCM program?

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15. What is the connection between operational resilience and business continuity management?

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Comprehensive FAQ Coming Soon

Sign up today! Receive the comprehensive Business Continuity Management – Frequently Asked Questions containing over 50 questions and answers and industry perspectives. Coming September 2020.

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Matthew Watson, Protiviti
Matthew Watson
Managing Director
+1.571.382.9707
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Dugan Krwawicz, Protiviti
Dugan Krwawicz
Associate Director
+1.469.374.2439
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