What is ISO 22301?
ISO 22301:2012 is a standard for Business Continuity Management System. BCMS ensures an effective resilience capability of organizations to continue business operations and enables a quick and effective recovery from a disruption.
Business Continuity Management (BCM) is a framework comprising the development, implementation of policies, strategies and programs to assist an organization to manage a business disruption event and to build Organization resilience. BCM is a holistic management process that identifies potential threats to an organization and the impacts to business operations by bringing in the capability that assists in prevention, preparation, response, manage and recover from the impacts of a business disruption event irrespective of the nature and size. This effective resilience aids in safeguarding the interests of its key stakeholders, reputation, brand value.
ISO 22301:2012 Standard guidelines are generic and intended to be applicable to all organizations, regardless of type, size and nature of the organization and extent of applicability depends on the organization’s operating environment and complexity.
Disruption-related risks may be infrequent, but have severe consequences for critical services if they are not resolved. Disruption-related risks include physical and non-physical events such as natural disasters, pandemics, significant loss of utilities, financial crises, accidents and loss of reputation.
What benefits can an organization reap?
ISO 22301 Certification approach methodology