Business Continuity Management

A holistic management process that identifies potential threats to an organization and the impacts those threats might have on business operations. It provides a framework for building organizational resilience and effective response capabilities that safeguard the interests of key stakeholders, reputation, brand, and value-creating activities. Within RBPM, business continuity management connects to operational risk management, ensuring that risk events don't catastrophically impact strategic objectives. It includes developing response plans for various risk scenarios to minimize disruption.