BUSINESS CONTINUITY MANAGEMENT
RATIONALE
Business Continuity encompasses a loosely defined set of planning, preparatory and related activities which are intended to ensure that an organization’s critical business functions will either continue to operate despite serious incidents or disasters that might otherwise have interrupted them, or will be recovered to an operational state within a reasonably short period. As such, business continuity includes three key elements:
- Resilience:critical business functions and the supporting infrastructure are designed and engineered in such a way that they are materially unaffected by most disruptions, through the use of spare capacity;
- Recovery:arrangements are made to recover or restore critical and less critical business functions that fail for some reason.
- Contingency:the organization establishes a generalized capability and readiness to cope effectively with whatever major incidents and disasters occur, including those that were not, and perhaps could not have been foreseen. Contingency preparations constitute a last-resort response if resilience and recovery arrangements should prove inadequate in practice.
Business Continuity Management (BCM) is about identifying those key elements of your organization that you cannot afford to lose and the ability to manage these to avoid critical loss to the organisation. These may include; Information, Stock, Premises, and Staff. This training will help you plan and prepare on the best measures to put in place to minimise impact of any economic crisis and be back in business within the shortest time possible. Delays could lead to loss of faith in your services and a chance for the competition to put you out of business.
LEARNING OBJECTIVES:
Personality Assessment Test: We conduct Personality Assessment Test on all our Course participants to help them understand their personality traits and dispositions.
At the end of the workshop, participants in addition, will be able to:
- Reduce the likelihood of a disruption that affects business through a risk management process
- Minimise the impact of that disruption should it occur
- Protect staff and their welfare;ensure staff know their roles and responsibilities
- Tackle potential failures within your supply chain
- Protect their businesses
- Preserve and maintain relationships with customers
- Mitigate negative publicity
- Safeguard market shares/ competitive advantage
- Protect profits or revenue to avoid financial losses
- Prevent or reduce damage to reputation and image
- Protect key business activities to ensure services are maintained
- Enhance the ability to recover, following a disruption to normal operating conditions
COURSE CONTENT:
- Accountability, roles and management of BCM Process
- Analysing existing business framework for impacts
- Risk assessment and business impact analysis
- Legal regulatory and contractual aspects of BCM
- BCM Plan strategies and execution
- Testing and internal audit participation
- The effect of competitive pressures, strategic choices, technology change, etc. affecting BCM
- Deployment and maintenance of BCM framework
- Understanding organisational culture and internal processes.
- Understanding and communicating the need for change, managing resistance to change.
- Change management and implementation strategies and techniques.
- Role as consultants in the growing field of BCM
TARGET AUDIENCE:
Middle and Senior Executives in private and public sector organizations and institutions.