Business Continuity process
Today’s businesses face the increasing challenge of managing complex operations across multiple entities as they integrate business partners, suppliers, and even competitors into an extended enterprise. The need for an effective risk reduction and business continuity management (BCM) program has never been so evident.
The reliability and continuity of these operations are critical to business survival, and to building competitive advantage. One company’s business interruption brings a tremendous impact on the entire network of related entities. The need for an effective risk reduction and business continuity management (BCM) program has never been so evident.
Additionally, the even stricter, complex regulatory and compliance requirements are forcing companies to implement business continuity management programs. Also, from a CSR perspective, BCM has gained increasing importance as a means to build competitive advantage.
An effective BCM program is a critical component of successful business management. Experience shows that typically over 50 percent of businesses without an effective business continuity plan will ultimately fail following a major disruption.
How can Deloitte help?
Deloitte’s methodology allows the development and update of an effective BCM, and in the enclosed brochure you will find details.
We help clients prepare for handling crisis situations and create Business Continuity Plans before such situations occur. We also offer audits of existing Business Continuity Management (BCM) plans, including testing of crisis scenarios and preparing workshops for different levels in the organization – all of this in accordance with the recognized procedures under the ISO 22301 standard, Business Continuity Institute (BCI) and proven methods tested throughout our extensive experience with clients from various industries.