As I was perusing articles of interest today, I happened upon this one regarding BCM (business continuity management) systems. The article is written by Nicholas Bahr for EHS Today.
The article opens with Benjamin Franklin’s quote, “By failing to prepare, you are preparing to fail.”
Bahr opens his article speaking briefly about traditional emergency and crisis response plans; essentially crisis management plans. Bahr states that these plans the goal of these plans was simply to recover from an emergency situation. He states it is more important to anticipate potential interruptions to business as usual. A proper business continuity management system, well supported, can “anticipate changing conditions, adapt to those changes and, more importantly, to thrive.”
Coordinating the operations of various facilities spread across different geographical regions, adjusting to changing international trade regimes and regulations, anticipating the impacts of natural disasters on business operations, and managing dynamic global supply chains are just a few of the challenges faced by organizations
Bahr gives some stellar real-world examples of international businesses whose operations were severely impacted by natural disasters and internal catastrophes. The challenges can even be political as business needs to adjust to changing international trade regimes and regulations.
The article wraps up with a supportive resiliency cycle, initiating how a business continuity management system would support not just business recovery. Business continuity should be the focus of your BCM.
A thorough BCM framework for building organizational resilience proceeds through five stages: Prevent, Prepare, Respond, Recover and Learn.
Have you incorporated resiliency into your business operations?