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Business Continuity Management (BCM) is a holistic management process which helps to assess, plan and strengthen the resilience of your value chain. BCM is a tool that enables organization to identify potential threats and thus provides a framework for your organization to build up its resilience and capabilities for an effective response. The aim is to safeguard the value-creation and reputation of the business as well as the interests of stakeholders.
BCM-readiness provides reassurance to your internal and external stakeholders that your operations are able to meet the needs of the constituency and you are prepared for the ‘worst case scenario’ situations. The ability to weather adversity will give your organisation an edge against your competitors. In summary, BCM is more than just insurance for your business.