ISO 22301 - Business Continuity Management System (BCMS)
Business continuity is the ability of an organization to deliver products and / or services at acceptable predefined levels even after a disruptive incident (e.g. earthquake, flood, prolonged power failure, cyber-attack, failure of a key supplier, lack of financial liquidity etc.).
The business continuity management system is the process to achieve business continuity and involves organizing and preparing a business to cope with disruptive incidents that would otherwise prevent the organization from achieving its goals or even from continuing its operation.
ISO 22301 is a standard that defines and describes the requirements for the development and implementation of a business continuity management system.
The International Standard lays down requirements for the design, establishment, implementation, operation, monitoring, review, maintenance and continuous improvement of a documented management system in order to:
• Protect against disastrous incidents,
• Reduce the likelihood of catastrophic incidents,
• Prepare for, response in case of and recover from the occurrence of disruptive incidents.
The business continuity management system (BCMS) is intended to apply to any organization or parts thereof, irrespective of the type, size and nature of the organization.