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Business continuity explained

Business owners should prepare a business continuity management (BCM) plan to increase their chances of coping in a crisis.

business continuity

BCM is a holistic management process that identifies potential threats to a business. It provides a framework for building resilience with the capability of an effective response that protects its key stakeholders.

A common misconception is that BCM merely encompasses backup and recovery plans and that external consultants are needed to do this. However, BCM covers much more than that. Provided you know your business environment, it can be inexpensive and relatively simple to implement.

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Article utilities:  Bookmark and Share Print Print this page Last updated: 03 Mar 2020 at 15:30