Business Continuity Management
REPORT PREVIOUSLY PUBLISHED BY OLIVER WYMAN
The key objective to Business Continuity Management (BCM) is to ensure continuation of critical functions in the event of a crisis, such that institutions can dynamically adapt to the evolving risks.
This perspective discusses shortcomings in the traditional BCM methods, urging institutions to comprehensively reassess their business plans in light of more frequent and severe crises. Placing the focus on building robust, globally focused plans, institutions will be more prepared to mitigate common crisis repercussions and survive the unpredictable continuity events.