Business continuity management (BCM)
Term · Insurance and risk management · MLC-T-INS-000644
A holistic management process that identifies potential threats to an organization and the impacts those threats, if realized, might have on business operations. It provides a framework for building organizational resilience with the capability of an effective response that safeguards the interests of its stakeholders, reputation, brand, and value-creating activities. BCM encompasses planning for disaster recovery and operational resilience.
| Identifier | MLC-T-INS-000644 |
|---|---|
| Field | Insurance and risk management |
| Subject | Commercial Liability |
| Abbreviation | BCM |
Record as JSON
{
"id": "MLC-T-INS-000644",
"term": "Business continuity management (BCM)",
"field": "Insurance and risk management",
"definition": "A holistic management process that identifies potential threats to an organization and the impacts those threats, if realized, might have on business operations. It provides a framework for building organizational resilience with the capability of an effective response that safeguards the interests of its stakeholders, reputation, brand, and value-creating activities. BCM encompasses planning for disaster recovery and operational resilience.",
"abbreviation": "BCM",
"subject": "Commercial Liability",
"url": "https://mlchart.com/terminology/insurance/business-continuity-management-bcm/"
}
Record 409 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.