Importance of ISO 22301 in Organisations

 

Business Continuity is a discipline that involves you, and it is based on common sense; and is defined as the ability of a company to continue to provide products and services at an acceptable level in the face of adverse events that could occur: it refers to the ISO 22301 standard which establishes the requirements for an efficient Business Continuity Management System (BCMS). Therefore, Business Continuity is about building and continuously improving the resilience level of the business. ISO 22301 BCM Training UAE has been updated and improved, making it more fluid, more practical, and less "heavy" to read compared to the 2012 version.

ISO 22301: the application scenario

Natural catastrophic events, economic and geopolitical crises, computer systems, power outages, fires, tariff wars, supply chain disruption for suppliers critics, etc., can interrupt the normal supply of products and services, leading to an operational shutdown or even definitive closure.

Today, more than ever, organizations operate in a highly articulated, globalized, and digitized context and need to protect themselves from the various types of events that could cause an interruption of activities for a certain period, even a short one. Significant direct and indirect costs (i.e., significant losses in turnover, market shares, payment of administrative sanctions - local or national - or contractual penalties, reputational damage, etc.).

Therefore, every organization must equip itself with prevention tools and resources, which, in addition to guaranteeing organizational resilience, demonstrate the ability to face and absorb any unexpected events, continuing to achieve the set objectives.

The details of the ISO 22301: 2019 standard

The ISO 22301: 2019 standard provides the requirements for an efficient Business Continuity Management System BCM and applies to all organizations, be they small, medium, large, local, national or global, public or private. Today, large companies and international groups that are part of supply "chains," as well as public administration bodies, increasingly require their suppliers to manage Business Continuity and adopt a Business Continuity Plan (BCP).      

To obtain certifications/certificates that can better protect them concerning the resilience of the supplier, the ability to supply products/services even in the face of accidents, catastrophic events, and other phenomena of equal perniciousness.

It is worth pointing out that the international certification of the BCMS is starting to be considered not only to improve the management of disruptions, crises, and incidents but also to gain a competitive advantage.