Business Continuity Management Systems (BCMS) – A management system that emphasizes ensuring business continuity in case of a disruption that might halt operation.
What is ISO 22301?
This document specifies the structure and requirements for implementing and maintaining a business continuity management system (BCMS) that develops business continuity appropriate to the amount and type of impact that the organization may or may not accept following a disruption. The outcomes of maintaining a BCMS are shaped by the organization’s legal, regulatory, organizational and industry requirements, products and services provided, processes employed, size and structure of the organization, and the requirements of its interested parties.
Why ISO 22301?
The purpose of a BCMS is to prepare for, provide and maintain controls and capabilities for managing an organization’s overall ability to continue to operate during disruptions. In achieving this, the organization is:
- Reducing direct and indirect costs of disruptions.
- Protecting and enhancing its reputation and credibility.
- Improving its capability to remain effective during disruptions.
- Demonstrating proactive control of risks effectively and efficiently.
- Providing confidence in the organization’s ability to succeed.
- Contributing to organizational resilience.