Establishing a successful business continuity management system is vital for companies to retain usual operations in times of uncertainty. For some, it’s likely to already be a critical aspect of business, but for others, the term has been floated around but never adopted. If the past few years have taught us anything, the world is full of unpredictable events, so we think it is worth having a continuity strategy.
ISO 22301 is an ISO compliance implementation method that allows organisations to establish a BCMS framework. With the award gaining popularity, we wanted to share some insights into what a BCMS consists of to help you understand the process in more detail.
This article will look at the definition of business continuity management systems, the associated practices, and the benefits of ISO 22301 in maintaining operations. Keep reading if you want to become clued up on all things BCMS.
- The Definition Of A Business Continuity System
- What Forms A Business Continuity System Plan?
- How To Create A Business Continuity System Using ISO 22301
- What Are The Benefits Of A Business Continuity System?
- How Can Creation Networks Support With Business Continuity System’s?
The Definition Of A Business Continuity System
A BCMS is a name given to a strategic plan that can allow a business to maintain operations during or after a disaster. When uncertain times occur, it can be detrimental to companies if unprepared. With a BCMS, businesses have access to a pre-tested set of processes that can be deployed to keep things on track.
This can refer to a whole host of occurrences on different scales. This is why BCMS planning can be so complex, as it needs to encompass proven solutions to resolve a whole host of scenarios. An example on a smaller scale may be a staff absence, whereas a large impact could be a supply chain failure that puts production out of sync.
ISO 22301 is an international award focused on the security and resilience of business continuity management systems. The compliance standard offers a framework by which business continuity can be set up and managed for long-term success and enhancing wider company strategy. Given the threats of modern markets, it’s essential to have proven continuity plans. ISO 22301 goes beyond the standard planning models to provide a process of testing and adjusting, ensuring the defined processes are also effective. Click the link to learn more about what ISO 22301 is.
What Forms A Business Continuity System Plan?
To create a BCMS that covers all operations and any given scenario, planned or unplanned, companies should have several components in place. The benefit of adopting ISO 22301 is that the associated framework establishes all these elements in a working framework. Ensuring all bases are covered and business transparency and communications being woven into operations gives companies the best chance of weathering any storm.
To implement a BCMS, the following components must be considered:
Disaster Recovery Planning
A disaster recovery plan is a documented and structured approach to dealing with interruptions to work so operations can be put back on track as soon as possible. This element of the BCMS provides the resolution to the issue to ensure recovery time is lessened. A component of this form of planning is also the emergency responses that must occur to provide protection.
To ensure a successful deployment should they be needed, a team of assigned stakeholders should already have tested the procedure. This eliminates the chance of the associated actions not providing a solution should the worst happen. Click the link to learn more about our disaster recovery planning services.
The Business Continuity Plan(s)
As the name would suggest, having defined plans is essential and the foundation of an effective BCMS. These should be created in mind of specific known scenarios and others that have not yet come to fruition.
Plans must be defined, tested, edited and published. In the case of ISO 22301, these form the basis of audits, so updated documentation is always required. Factors that must be considered include employees and wider stakeholders, assets, financial services, all business functions and other non–direct business partners.
Ongoing Risk Management
An important aspect to note with a successful BCMS is that constant assessments should be applied to ensure the processes are suitable for ever-changing issues. Risk management involves the process of identifying issues and providing solutions for them. By evaluating all existing and possible risks, companies can build a better resilience to, in the ideal situation, prevent an issue from even arising in the first instance.
How To Create A Business Continuity System Using ISO 22301
ISO 22301 as a business continuity tool is also ideal as it is globally relevant, meaning any organisation can adapt to the structure and operate safely. To create a BCMS with ISO 22301 support, companies must follow the identified clauses and requirements. The compliance certificate is made effective by including all people, company-wide processes and constant auditing to ensure the BCMS reflects current and predicted risks.
Another benefit of creating a BCMS with ISO 22301 measures is that it allows learnings from past issues to be applied to the business. This is one of the ways that Cyber Essentials and ISO 22301 differ, as the framework requires a constant process of identification, assessment, implementation and ongoing testing.
What Are The Benefits Of A Business Continuity System?
- Operations stand the best chance of being maintained when any disaster strikes. No matter the scale of the issue, a BCMS ensures that the rest of the business can still operate as usual whilst the affected area is being repaired.
- There is also the associated benefit to the first point: operations being recovered can be back on track much more quickly than if a BCMS is not in place.
- Risks can be mitigated across all business areas, which brings its own benefits, such as improving brand image, appealing to stakeholders and better performance levels.
- Customer and employee trust can also be built and maintained.
- Financial plans can be done more confidently and with an added level of protection, with less money needed to be set aside for unexpected disaster recovery.
- A BCMS also allows a transparent view of a company and its always-available strategies, which can benefit other operational tasks. From planning of new product launches to scaling operations, this ensures additional work is not required every time a company-wide change needs to take place.
- Critical assets can be safeguarded, which has other benefits, such as lower insurance premiums and increased supplier trust. This will also appeal to all stakeholders and ensure that loss of virtual assets are also protected.
- Employees can operate more safely and confidently, improving overall efficiency. This is because they are armed with tested knowledge and also supported in knowing that should anything go wrong, their work is protected. Furthermore, they should also feel empowered by working this way which benefits employee experience as well as company culture.
How Can Creation Networks Support With Business Continuity System’s?
At Creative Networks, we offer a wide range of IT services which all feed into a successful BCMS. From strategic planning to the management of elements of a BCMS, we are well equipped to manage business continuity. A benefit of outsourcing the task to an external agency is also that a better top-level view of operations can be obtained which makes for a stronger and more resilient approach to planning.
Furthermore, as experts in ISO certifications, especially 22301, we can offer our clients professional framework solutions that protect operations whilst ensuring companies can still scale as required.
Our leadership team has made it their mission to help companies reduce risks though succinct and professional IT infrastructures. To find out more and to start your company’s ISO 22301 journey, contact us today. You can also click the link to find out how to get an ISO 22301 certification.