ISO22301, formally known as BS25999, is the standard that relates to business continuity management. In its essence, it ensures continued business operations in the event of a disruption, whether due to a major disaster or a minor incident.
ISO22301 key principles are:
- Understanding the need and necessity for establishing business continuity
- The ability to manage disruptive incidents (i.e. flood, fire, loss of key personnel, IT failure, product recall, moving premises)
The benefits of ISO22301 are:
- Proactively proves resilience when faced with disruption
- Enhanced reputation
- Delivers a proven capability for managing a disruption