Difference between revisions of "Business Continuity Strategy"

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|[[Image:BCM Planning Methodology RS.jpg|left|300px|BCM Planning Methodology:Business Continuity Strategy]]{{Template:BL-BCM-5Banner}} '''1.''' Business Continuity Strategy is a phase within the [[BCM Planning Process or Methodology|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 [[Restore|restored]].   
 
|[[Image:BCM Planning Methodology RS.jpg|left|300px|BCM Planning Methodology:Business Continuity Strategy]]{{Template:BL-BCM-5Banner}} '''1.''' Business Continuity Strategy is a phase within the [[BCM Planning Process or Methodology|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 [[Restore|restored]].   
 
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<br><br>
Similar Term: [[Recovery Strategy]]; Mitigation Strategy; Crisis Response Strategy
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'''Similar Term''': [[Recovery Strategy]]; Mitigation Strategy; Crisis Response Strategy
 
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Related Terms: [[Alternative Processing]], [[Data Recovery Strategy]], [[BCM Planning Process or Methodology]], [[DR Planning Process or Methodology]].  
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'''Related Terms''': [[Alternative Processing]], [[Data Recovery Strategy]], [[BCM Planning Process or Methodology]], [[DR Planning Process or Methodology]].  
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<br><br>
<br> '''''Note (1):''''' ''It is the [[Alternate Processing|alternate processing]] or interim ability to [[process]] data and continue providing [[Critical]] service while a full recovery of the [[Primary Site|primary site]] is underway.''
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'''Note (1):''' In the ISO22301:2019 BCMS standard, this phase is now rename as "Business Continuity Strategy and Solutions".
<br> '''''Note (2):''''' ''For the recovery of [[Critical Business Functions (CBF)|critical business functions]], there are three types of strategy: (a) To defer (b) To disperse (c) To relocate''
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'''Note (2):''' It is the [[Alternate Processing|alternate processing]] or interim ability to [[process]] data and continue providing [[Critical]] service while a full recovery of the [[Primary Site|primary site]] is underway.
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'''Note (3):''' For the recovery of [[Critical Business Functions (CBF)|critical business functions]], there are three types of strategy: (a) To defer (b) To disperse (c) To relocate
 
* To defer is when an [[Organization|organization]] defers the [[Business Function|business functions]] until the effect of the [[Disaster]] passes.  
 
* To defer is when an [[Organization|organization]] defers the [[Business Function|business functions]] until the effect of the [[Disaster]] passes.  
 
* To disperse is for [[Organization|organizations]] to distribute its [[Business Function|business functions]] among other [[Business Unit (BU)|business units]] so as to avoid a single point of [[Impact]].  
 
* To disperse is for [[Organization|organizations]] to distribute its [[Business Function|business functions]] among other [[Business Unit (BU)|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]].
 
* To relocate is to move the operations to an [[Alternate Site]] during a [[Disaster]].
 
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'''''Guidance Notes and Templates'''''
 
*[[Guidance Notes to Complete the Recovery Strategy Template|Guidance Notes to Complete the Business Continuity Strategy Template]]
 
 
 
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{{Bcm Institute Source}}
 
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<br> '''2.''' The approach by an organization that will ensure its recovery and continuity in the face of a disaster or other major incident or business disruption.
 
<br> '''2.''' The approach by an organization that will ensure its recovery and continuity in the face of a disaster or other major incident or business disruption.
  

Latest revision as of 07:05, 13 January 2021

BCM Planning Methodology:Business Continuity Strategy
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



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)



(Source: Business Continuity Management Institute - BCM Institute)


2. The 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: AE/HSC/NCEMA 7000:2012)


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)