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Business Continuity Management services
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.
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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 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
Business Continuity Management services
At Deloitte, Business Continuity Management is regarded as part of Risk Management and based on the proprietary Deloitte BCM methodology, which is designed on a modular framework that allows us to tailor our services based on your particular business needs.
- Business Continuity Plan (BCP)/Business Continuity Management (BCM) diagnostics ◦BCP Quick Diagnostics 230
- Business Impact Analysis (BIA)
- Emergency Recovery strategy/plan
- Training/Test
- Maintenance (BCP/ BCM continuous improvement)
- Pandemic Preparedness (BCM modular Service)
Deloitte BCM Methodology
At Deloitte, we take advantage of the efficient and effective Deloitte BCM Methodology divided into four phases – Analyze, Develop, Implement and Continuous Improvement/Quality Assurance.
Designed by experienced BCM professionals, the Deloitte Methodology is successfully field-tested in different environments, utilizes well-documented frequently used best-practices and has been continuously improved. Our methodology includes a comprehensive package of worksheets, databases and checklists that are used in actual business practices.
Analyze
Business Continuity Management is not a process with a limited life and a finite end, but rather an ongoing, living program. To ensure the continued viability of the business continuity program, management needs to understand:
The organization’s current state of preparedness
The risks to continuity of operations that the organization faces
The impact of business interruptions of various durations
Develop
Develop strategies for attaining the organization’s continuity goals. With Deloitte’s approach, the Business Continuity Management program is built to anticipate outages and failures (disasters, scandals, pandemics etc) and to be prepared either to mitigate their effects or hasten the recovery.
A part of this preparedness is having a documented understanding of the roles, responsibilities and actions that personnel will take when a serious interruption of operations occurs.
Implement
The strategies developed in the previous phase often require the acquisition of resources, negotiation of contracts, implementation of software, etc. While this is usually a client responsibility, Deloitte professionals often assist in the implementation process.
Testing, training and maintenance are critical components of any Business Continuity Management program. We also assist our clients in putting administrative procedures in place during the various stages of the implementation process.
Flexible service offerings
Deloitte offers you a variety of support services for your BCM implementation through one or all of the following phases – Analyze, Design, Implement and Continuous Improvement/ Quality Assurance phases. Whether you’re starting from scratch or building on an existing program, Deloitte can tailor its approach to meet your particular needs by either implementing BCP in full or by selecting those services that meet your particular business needs.
Analyze |
Business Continuity Plan (BCP)/ Business Continuity Management (BCM) diagnostics |
|
Risk Assessment |
Business Impact Analysis (BIA) |
|
Develop |
Emergency Recovery Strategy/ Plan |
|
Implement |
Training/ Test |
|
Continuous Improvement/ Quality Assurance |
Maintenance (BCP/BCM continuous improvement) |