Global Vulnerabilities - Local Impacts: Redefining Business Continuity Planning Geary W. Sikich, PrincipalEmergency

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Global Vulnerabilities - Local Impacts: Redefining Business Continuity Planning

Author            : Geary W. Sikich

Designation    :Principal

Company        : Logical Management Systems, Corp.

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Synopsis

My latest book, “Integrated Business Continuity” addresses the integration of strategy, competitive intelligence and event management into an integrated business continuity process. “Business Continuity” as used herein, is an integrated approach based on common terminology, detailed assessment of relationships/touchpoints and integrated response, management, recovery and information sharing processes. This integrated process is based on a careful identification, analysis, assessment and prioritization of the organization’s ability to reduce its activities until it reaches stability and to maintain stability as it adds back activities. I will use the term “Graceful Degradation and Agile Restoration” throughout the book to investigate and redefine the “Business Continuity” process. Companies are quickly learning it is important to have a Business Continuity Plan (BCP) in place to both prevent and respond to a variety of calamities that have the potential to create significant business interruption. The challenge for many companies is to determine what kind of Business Continuity Plan they should develop. Many companies will arrive at the answer to this critical question through a series of false starts, trail and error. Other companies often arrive at the answer by first defining what they mean by “normal” business operation, identifying the level of business interruption the company can sustain before its survival is threatened and identifying what “recovery” should look like for the company. The ability to effectively deal with the consequences of an event in a timely manner is essential to ensure your company’s survivability in today’s fast paced business environment.

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