What is a Business Continuity Management Plan?
A Business Continuity Management Plan (BCM) is a plan for responding to and recovering from disruptions to critical operations or services. It outlines processes and procedures for responding to incidents such as natural disasters, power outages, cyber-attacks, and other scenarios that can affect the availability of essential services and operations. The BCM plan enables organizations to remain resilient and reduce the impact of disruption on their operations and services.
What's included in this Business Continuity Management Plan template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the Business Continuity Management Plan template for?
This Business Continuity Management Plan template is designed for business continuity managers, risk management teams, and executives responsible for developing comprehensive BCM plans across different departments and business units. The template provides a framework for defining focus areas, setting objectives, developing key performance indicators, and implementing projects to achieve those objectives.
1. Define clear examples of your focus areas
Focus areas are the overarching topics that guide the development of the BCM plan. Examples of focus areas may include improving business resiliency, strengthening BCM policy, and improving risk management. Each focus area is broken down into objectives and related projects that are designed to achieve the desired outcomes.
2. Think about the objectives that could fall under that focus area
Objectives are the goals that will be achieved under each focus area. Objectives should be measurable and be capable of being tracked throughout the BCM plan. Examples of objectives might include developing a comprehensive BCM plan, streamlining BCM processes, and creating an effective BCM policy.
3. Set measurable targets (KPIs) to tackle the objective
Key performance indicators (KPIs) are measurable targets that are used to track progress toward achieving objectives. KPIs should include a baseline measurement, a desired target, and a timeline for achieving the target. Examples of KPIs may include reducing manual effort by 75%, reducing response time to incidents by 50%, and increasing policy compliance rate to 95%.
4. Implement related projects to achieve the KPIs
Projects (also known as actions) are the steps taken to achieve the KPIs. Projects should include clear steps for implementation and should be broken down into manageable activities. Examples of projects may include creating a BCM plan, automating and standardizing BCM processes, and outlining processes and procedures for responding to incidents.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Cascade is a powerful strategy execution platform that helps organizations develop, implement, and track their strategic plans. Cascade provides a comprehensive set of tools for creating BCM plans, managing projects, and tracking key performance indicators. With Cascade, organizations can quickly develop comprehensive BCM plans and ensure their plans are executed effectively.