What is a BCM Plan?
Business Continuity Management (BCM) plans are used by organizations in various industries to ensure resilience in the face of potential disruptions. A BCM plan is a comprehensive set of strategies and protocols that help organizations prepare for and respond to unexpected circumstances. It covers areas such as risk assessment, business impact analysis, and business continuity strategies. A BCM plan is an essential part of any organization's risk management efforts.
What's included in this BCM Plan template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the BCM Plan template for?
The BCM Plan Template is designed for organizations of any size looking to develop or refine their BCM plan. This template provides a framework for creating a comprehensive BCM plan that addresses various areas related to business continuity and disaster preparedness. The template is easy to use and can be adapted to fit the needs of any organization.
1. Define clear examples of your focus areas
Focus areas are the major areas of focus within your BCM plan. Examples of focus areas may include establishing business continuity, establishing risk management, and establishing business impact analysis. Each focus area should have a set of objectives, actions, and measurable targets (KPIs).
2. Think about the objectives that could fall under that focus area
Objectives are the goals that you want to achieve with your BCM plan. For each focus area, you should define a set of objectives that are related to that area. Objectives should be specific and measurable. Examples of some objectives for the focus area of Establish Business Continuity could be: Develop BCM Framework, and Develop BCM Strategies.
3. Set measurable targets (KPIs) to tackle the objective
KPIs, or key performance indicators, are measurable targets that help you gauge the success of your BCM plan. For each objective, you should define a set of KPIs that measure progress toward that objective. KPIs should be specific, measurable, and achievable. An example of a KPI for the focus area of Establish Business Continuity could be: Increase BCM Process Completion Rate.
4. Implement related projects to achieve the KPIs
Projects are the actions that need to be completed in order to achieve the objectives and KPIs. For each KPI, you should define a set of related projects that will help you reach that target. Projects should be actionable and achievable. An example of a project related to Establish Business Continuity could be: Create BCM Governance Policies.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Cascade is a strategy execution platform designed to help organizations create, manage, and track their BCM plans. With Cascade, you can easily create a BCM plan, assign actions to the right people, track progress, and measure the performance of your strategy. Cascade's intuitive platform makes it easy to get started and see results quickly.