Business Continuity Management

In this chapter we discuss a significant group of business risks that can lead to business interruptions and huge losses. The basic idea of business continuity management (BCM) is that the company prepares for disruptive events and similar occurrences. The corresponding measures are aimed at minimizing damage and losses and getting the company back on track more quickly. In this context, we also discuss the importance of BIA (Business Impact Analysis), which finds applications also beyond BCM. At the end of the chapter, we briefly address the topic of supply chain resilience, as it should form an important part of BCM.