Business Continuity Management – ISO22301
Cyber-attacks, Fire, IT breakdowns, Natural disasters, supply chain issues, Pandemic outbreaks or loss of skilled staff are just some of the possible threats to business continuity. If not addressed effectively, they can cause disruption or even business failure which in turn can result in negative impacts on reputation, image, brand of any organization. Consistent planning for what to during disruptions means a more effective response and a quicker recovery.
ISO 22301 Business continuity management systems (BCM) standard is the world’s first International Standard for implementing and maintaining an effective business continuity plans, systems and processes. ISO22301 was published in 2012 and updated to a new version in 2019. It enables an organization to have a more effective response and a quicker recovery, thereby reducing any impact on people, products and the organization’s bottom line.
ISO22301 was revised and updated in 2019 to replace the version of 2012. The new version provides more clarity and consistency in the business continuity management system requirements with greater clarification of what is required.