Business Continuity Strategy

BCM Planning Methodology:Business Continuity Strategy BL-B-5 Click to know more 1. Business Continuity Strategy is a phase within the BCM planning process. It is the conceptual summary of preventive (mitigation) strategies, crisis response strategies and recovery strategies that must be carried out between the occurrence of a disaster and the time when normal operations are restored. Similar Term: Recovery Strategy; Mitigation Strategy; Crisis Response Strategy Related Terms: Alternative Processing, Data Recovery Strategy, BCM Planning Process or Methodology, DR Planning Process or Methodology. Note (1): In the ISO22301:2019 BCMS standard, this phase is now rename as "Business Continuity Strategy and Solutions". Note (2): It is the alternate processing or interim ability to process data and continue providing Critical service while a full recovery of the primary site is underway. Note (3): For the recovery of critical business functions, there are three types of strategy: (a) To defer (b) To disperse (c) To relocate To defer is when an organization defers the business functions until the effect of the Disaster passes. To disperse is for organizations to distribute its business functions among other business units so as to avoid a single point of Impact. To relocate is to move the operations to an Alternate Site during a Disaster. BCM Institute's Professional Training and Certification BCMBoK Competency Level BCMBoK 4: Business Continuity Strategy CL 1B: Foundation (BC) BCMBoK Competency Level BCMBoK 4: Business Continuity Strategy CL 1C: Foundation (CM) BCMBoK Competency Level BCMBoK 4: Business Continuity Strategy CL 1CC: Foundation (CC) BCMBoK Competency Level BCMBoK 4: Business Continuity Strategy CL 1D: Foundation (DR) Click to know more about expert level training (Source: Business Continuity Management Institute - BCM Institute)

A Manager’s Guide to ISO 22301 Standard for Business Continuity Management System

Developing Recovery Strategy for Your Business Continuity Plan

2. Plan of action to meet business continuity requirements.

(Source: AE/HSC/NCEMA 7000:2021)

3. See: BCM strategy.

(Source: Business Continuity Institute - BCI)

4. An approach by an Organization that will ensure its recovery and continuity in the face of a Disaster or another major outage. Plans and methodologies are determined by the organizations strategy. There may be more than one methodology or solution for an organizations strategy. Examples of methodologies and solutions include, contracting for Hot site or Cold site, building an internal Hot site or Cold site, identifying an Alternate Work Area, a Consortium or Reciprocal Agreement, contracting for Mobile Recovery or Crate and Ship, and many others.

(Source: Disaster Recovery Institute International / Disaster Recovery Journal - DRII/DRJ)

5. A pre-defined,pre-tested,management approved course of action to be employed in Response to a business Disruption,interruption or Disaster.

(Source: HB 221:2004 Business Continuity Management)

6. A System for identifying available resources to enable timely and unimpeded access to resources needed to prevent,mitigate,prepare for,respond to or Recover from an Incident.

7. An approach by an organization that will ensure its recovery and continuity in the face of a disaster or other major incident or business disruption.

(Source: British Standard BS25999-1:2006 Code of Practice for Business Continuity Management)

8. A pre-defined,pre-tested,management approved course of action to be employed in Response to a business Disruption,interruption or Disaster.

(Source: Australia. A Practitioner's Guide to Business Continuity Management HB292 - 2006 )

9. A pre-defined, pre-tested, management-approved course of action to be deployed in response to a business disruption, interruption or disaster.

(Source: ENISA - the European Network and Information Security Agency. BCM & Resilience Glossary)