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BCM is a holistic management process that integrates various elements, namely Business Continuity Plan (BCP), Emergency Response, Crisis Management, Disaster Recovery, Risk Management, Business Impact Analysis, Resilience and Reputation Management.
This is where business continuity (BC) comes in. A robust BC plan helps organisations prepare for, respond to, and recover from disruptions, minimising downtime and financial losses. At the heart of a strong BC plan are the 4 Ps: People, Processes, Premises, and Providers.
Its a multifaceted process that involves five stages: Risk Analysis and Impact Assessment. Strategy Design. Implementation. Testing and Validation. Maintenance and Review.
What are the 5 key components of a business continuity plan? Risks and potential business impact. Planning an effective response. Roles and responsibilities. Communication. Testing and training.
The 4 Ps of a business continuity plan include People, Processes, Premises, and Providers.
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Seven Ways to Start Your Business Continuity Plan Determine your greatest risk potential. Establish your Power Needs. Create a communications plan. Prepare your supply chain. Make sure you have enough insurance to recover. Protect your critical data in the Cloud. Test the plan.

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