The paper "Business Continuity Management - British Red Cross" is an outstanding example of a business assignment. Having a business continuity plan is a good management practice, and supports the aims and needs of good corporate governance. It can help identify the critical areas, which need to be preserved, and so increase the chances of surviving in the future. The British Red Cross is a non-governmental organization that operates nationally and internationally. The Civil Contingencies Act (2004) requires the British Red Cross to have a business continuity management or BCM because they are working closely with Category 1 and 2 responders.
In order to identify factors that can influence or are important to the success and critical to its business processes whose continuation is vital to the survival of the organization, a stakeholder and business impact analysis is required. This report is an analysis of BRC’ s stakeholders and business processes for the development of BCM. Stakeholder Analysis The environment of any organization is comprised of a variety of stakeholder groups who have a vested interest in the performance of the organization.
Interdependencies exist among the organization, its employees, customers, investors, communities, the government and other stakeholders. It is crucial for an organization to understand the values and expectations of each stakeholder group in order to determine their willingness to either help or hinder the organization in striving towards its vision. Positive matching of the needs and objectives of stakeholders and the organization is therefore required for a lasting relationship. Stakeholders, therefore, need to understand their contribution in working with the organization to build mutual value continuously. Organizations must develop and align the chain of relationships needed to address the changing demands of their business. Business continuity plans need to cover the whole organization.
The objectives of business continuity planning can range from the minimal maintaining business operation in survival mode to enabling ‘ business as usual’ or restoring business services. Business continuity planning has two main planks. First is ensuring technical continuity and second, ensuring the appropriate management processes are in place to enable business continuity.
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