Business Continuity Management (BCM)

JournalIndustrie 4.0 Management
Issue Volume 37, 2021, Edition 1, Pages 41-44
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Abstract

The current corona crisis shows that companies can be unprepared for events that threaten even successful and healthy companies in their existence from one day to the next. In addition to a pandemic, there are other risks for companies which can also threaten the continued existence of a company. The best way to protect a company from the consequences of damaging and crisis events is to prepare for them. One method for this is Business Continuity Management. “Business Continuity Management (BCM)” describes the active planning, control and safeguarding of the long-term existence and success of a company through the realisation of organisational resilience against events that damage the business. The article describes a BCM model that was developed and implemented in practice as part of a corporate project.

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Solutions: Risk Management