Business Continuity Management "BCM"
Staying in its business operating form for as long as intended is the hallmark of true organisational captainship.
No one thought well of Captain Edward John Smith, captain of Titanic for the sinking of the grandiose ship in 1912. Almost 1,500 lives were tragically lost on that fateful day, sunk into the deeps with the aspirations of the ship’s owners.
Business captains are similarly given authority over business vessels. And they also traverse troubled and sometimes turbulent waters. Their first duty is to keep the business afloat, then secondly to operate it to achieve the highest possible returns meeting the business owners’ objectives. These are captains’ duties.
It was not improper for Captain Smith to leave his duty on the Bridge to join the passengers in partaking of Titanic’s luxuriant indulgences. What was not good was that he apparently did not take the actions to ensure a safe passage through the waters filled with floating icebergs, even amid several warnings.
Often, business captains are not aware of all the dangers and threats facing the organisations. Such captains already precluded themselves the ability to serve their first duty - to survive.
Business Continuity Management is the way business captains can render their charges resilient from mishaps.
