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- W2485472729 abstract "Chapter SummaryContinuity and recovery strategies are cornerstones of a Business Continuity Management System but their need to be mapped to the results of the Business Impact Analysis and Risk Assessment is often unrecognized by many Business Continuity Managers. The failure to recognize this relationship results in strategies that may be less than cost effective, may not completely achieve the goal to continue the activities of prioritized functions, and will not meet the requirements of the standards.Strategy development is best accomplished by the process owners or continuity team members, not by the steering committee or consultant, although their input can add a broader perspective to proposed continuity solutions. Strategies that are technically feasible, aligned with the Recovery Time Objective of the functional unit and supply chain vendors, and minimize changes to routine and organizational structure are the most effective. Organizations with active Business Continuity Management programs utilize a high-level strategy of a backup Information Technology capability, offsite alternate workspace, and a means to connect the two. Individual functions implement strategies specific to their goals and objectives that supplement the higher-level strategies, which include the protection and recovery of vital resources. This chapter lists typical strategies employed by common business functions including Supply Chain Risk Management. Many business continuity strategies are actually a form of mitigation, an important element of Emergency Management.The mitigation of risk to critical functions can reduce the impact of an incident to the point that response or recovery is minimal or not even necessary. This is accomplished in part through the implementation of general controls that include redundancies, divergence, and service level agreements. Mitigation for specific hazards can be addressed by following the Hierarchy of Controls’ risk treatment methodology of Substitution, Engineering, Administrative Controls, and Personal Protective Equipment." @default.
- W2485472729 created "2016-08-23" @default.
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- W2485472729 date "2015-01-01" @default.
- W2485472729 modified "2023-09-24" @default.
- W2485472729 title "Mitigation and Business Continuity Strategy" @default.
- W2485472729 cites W1559513127 @default.
- W2485472729 doi "https://doi.org/10.1016/b978-0-12-420063-0.00007-3" @default.
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