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Company Name Business Continuity Management Policy
V1.0 PAGE 2 of NUMPAGES 2
Background
In recent years the adoption by organisations of sound corporate governance processes to meet requirements laid down by the Combined Code, Sarbanes Oxley and Basel II has dictated the need to implement business continuity management. Even for those organisations which do not need to comply with such directives and legislation, there is a moral and ethical imperative to ensure that staff welfare is safeguarded and the future of the business is secured should the unthinkable happen in today’s uncertain world.
According to the Business Continuity Institute, Business Continuity Management is “an holistic management process that identifies potential threats to an organization and the impacts to business operations that those threats, if realized, might cause, and which provides a framework for building organizational resilience with the capability for an effective response that safeguards the interests of its key stakeholders, reputation, brand and value-creating activities”
Business Continuity Objective
The overall business continuity aim of COMPANY NAME is to maintain production and operations in a safe and environmentally responsible manner, where feasible.
The general objectives of the Plan are to ensure that in the event of an incident or crisis situation:
There will be a logical recovery of the business
Impacts will be kept within acceptable levels as defined by the business department representatives
Business will continue as usual, as far as possible
The Plan will address the following planning priorities:
Staff health safety
Safeguarding of assets
Continuity of key business activities
Protecting the Environment
Maintaining cash flow
Fulfilling obligations
Policy
It is the policy of COMPANY NAME to: -
Maintain a strategy for reacting to, and recovering from, adverse situations which is in line with senior management’s level of acceptable risk
Maintain a programme of
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