Business Continuity Management (sometimes only Business Continuity), the abbreviation BCM is used. It is a management field that is aimed to all critical functions of the organization to be available to customers, suppliers and other parties. So that to ensure restoration of normal operations in case of their interruption as soon as possible.
Business Continuity Management in practice: Business Continuity Management focuses on both the creation of rules and plans, prevention and to mitigate the effects of major incidents, or disasters, or it is a part of the business processes that implement these rules (such as backups). The objective of BCM is to prevent negative phenomena, or at least mitigate consequences, and to restore normal operations as soon as possible. Business Continuity Management is solved virtually by every organization, however, it is quite crucial for organizations that require a high degree of availability - where failure could mean loss of life or substantial financial loss (e.g. health care, banks, critical data about customers, production, etc.)