The International Standard of Business Continuity Management - ISO 22301 - is designed to assist companies in the process of identifying threats to the essential business processes as well as creating a business continuity plan. This Standard assists business in developing backup systems and processes to defend against theft, emergencies, disease outbreaks, terrorist attacks, and other catastrophic events. It specifies the requirements for designing, implementing, monitoring, reviewing, and upgrading a company's business continuity management system, thereby mitigating the impact of disruption.ISO 22301: 2019 is the most recent Standard. It was first published in May 2012. The second edition was published on October 31, 2019. For Example, COVID-19 is a situation that no one could have imagined. Like most firms looking for solutions to protect employees while minimizing uncertainty. If you're concerned about the current climate and want guidance on how to reduce risk, we're here to help.If you're looking for a framework to assist you establish a continuity plan and reduce any disruptions,ISO 22301 could be a good choice.
Implement an ISO 22301-certified BCMS to improve event preparation, response, and recovery. ABCMS helps:
Leadership and commitment: The top management should demonstrate leadership and commitment to the BCMS through the formulation of policies and goals, provision of resources and backup,integration with other management systems, and inculcation of the spirit of continuity and resilience.Risk-based approach: The organization is expected to identify and evaluate the risks and implement the controls to avoid, mitigate, or exchange them.Continual improvement: The organization is supposed to evaluate the performance of its BCMS and its effectiveness and fill any gaps or areas of improvements.Stakeholder engagement: The company has to engage in consultation and communication with both internal and external stakeholders, including employees, customers, suppliers, regulators and partners.Lifecycle perspective: The organization must look at the lifecycle of its products and services, and the BCMS must address the entire lifecycle and the processes involved, i.e. design to disposal.Process approach: The BCMS of the organization must be treated as a collection of processes that are linked together and have an aim to deliver the desired outcomes.PDCA cycle: The Plan-Do-Check-Act cycle to be applied to the BCMS processes in the organization should include planning, doing, checking, and corrective action in case of need.
