Posts Tagged ‘BCM’

BCM Trends for 2019

2019 BCM Trends

The Disaster Recovery Institute (DRI) recently released its 4th Annual BCM Trends and Predictions Report, which provides predictions for resilience trends in 2019. There are 10 predictions in the report, but this article will explore 5 with the highest impacts. Business continuity planners must always be on the lookout for such trends to ensure that…

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BCM Program Governance is a key for it’s success

Importance of Governance to the success of BCM Programs

According to Investopedia.com, governance is defined as “the system of rules, practices and processes by which a firm is directed and controlled.” Governance is a vital part of every organization because it ensures that employees and management at all levels of the organization are doing the right things and working to reach the same common…

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Not another audit?

An Audit

An Audit. Again? Some organizations think of audits as tedious, and often unnecessary, accounting procedures, rather than as a powerful business tool that can be used to improve the organization’s capabilities. At its core, an audit is simply an assessment used to discover which areas the business will require a focus in the future. These…

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Risk Assessment – Is it worth the time and effort?

Risk Assessment Post

Should your organization execute a Risk Assessment? Is it worth the time and effort? It is often a long and complicated process, which may discourage some organizations from fully committing to it. This article will address the importance of the Risk Assessment as a general business tool, as well as in the context of Business…

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IT Disaster Recovery Planning – “No worries, we have a backup?!”

IT Disaster Recovery Planning

When asked about their organization’s IT Disaster Recovery (ITDR) plans, some will smile and say, “Yes, we have a backup and it is fully outsourced.” This type of response will set off a few red flags with the Business Continuity Planners, but many organizations do not understand why it is so problematic. This article will…

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Why the Business Impact Analysis is Challenging for an Organization with Constant Changes

Why the Business Impact Analysis is Challenging for an Organization with Constant Changes

In a Business Continuity Management (BCM) Program, there are specific professional practices that must be adhered to. The Disaster Recovery Institute (DRI) outlines the first steps as Business Continuity Management (BCM) Program Initiation and Risk Assessment, with the third being the Business Impact Analysis (BIA). This practice is outlined in the following tasks: Identify and prioritize…

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BCM as a Service (BCMaaS)

BCM-as-a-Service-BCMaaS

We are humbled and proud that Business Continuity Management as a Service (BCMaaS) capability and StratoGrid Advisory are nominated by Disaster Recovery Institute International (DRI) in the 2019 Product/Service Provider of the Year category. This is to recognize our efforts in assisting the small and mid-sized organization’s developing, improving and maturing their business continuity and IT disaster recovery capabilities.  …

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Challenges with BCM Programs once Implemented

BCM-as-a-Service-BCMaaS

As outlined in our previous blog post, development and implementation of an effective Business Continuity Management (BCM) Program is imperative to organizations of any size. Maintenance of the BCM Program is also necessary for the long-term viability of the program. While a BCM Program outlines policies, procedures and personnel involved in business services and functions…

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