The paper “ Business Continuity and Crisis Management” is a fascinating example of the literature review on management. All organizations face the risk of having their activities negatively affected by adverse events. These events may include faulty products, accidents, and failure of critical services like electricity and water supply, in the modern world failure of communication systems, which leads to catastrophic effects on businesses. Other adverse events that are related to the human resources of an organization include industrial actions, mass illness, theft and damage of critical infrastructure, cybercrime involving the compromise of information systems security and integrity (Smith 2005).
Natural disasters including tsunamis, floods, and storms are also a threat to the continuity of business operations. Business continuity management avails business continuity plans to handle the occurrence of the above-mentioned crises were they to threaten the business operations at any time in the future. BSM can help organizations deal with some of the contemporary challenges that face businesses including Globalization, shifting demographics, rapidly accelerating technological change, increased connectivity, the multiplicity of actors, and changing power structures. According to the British Standards Institution (2006), BCM is an organizational and process-wide management process for response and recovery from the before mentioned risks.
Business continuity management (BCM) is a form of crisis management that refers to a set of processes that categorize and access probable risks to the operation of an organization (Jablonowski 2006). BCM is developed as a foresight of possible crises occurring in the organization. These crises are possible impediments to a business’ s operation and often threaten the survival of a business. BCM is a response to the possibility that adverse events will occur but they do not wish to occur (Keller et al 2005).
Organizations commit resources to the building of organizational resilience which is also available for meeting critical objectives (Elliott, Harris and Baron 2005).
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