2019
DOI: 10.1111/risa.13263
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Exploring the Conceptual Foundation of Continuity Management in the Context of Societal Safety

Abstract: Public and private actors with critical roles for ensuring societal safety need to work proactively to reduce risks and vulnerabilities. Traditionally, risk management activities have often been performed in order to ensure continuous functioning of key societal services. Recently, however, business continuity management (BCM), and its analytical subcomponent business impact assessment (BIA), has been introduced and used more extensively by both the private and public sector in order to increase the robustness… Show more

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Cited by 16 publications
(24 citation statements)
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“…Before we consider the theoretical basis for how one might adjust the value of the T* parameter in our generalized resilience equation (equation ( 2)), it is important to recognize that there may be situations in which the decision maker cannot adjust the parameter's value because it is assigned a fixed value, either at the organizational level or at the industry level. For example, as a result of performing a Business Impact Analysis an organization will typically define a threshold parameter, called the maximum tolerable period of disruption (MTPD), for key products and their critical activities [46][47][48].…”
Section: Exploring the T* Parametermentioning
confidence: 99%
“…Before we consider the theoretical basis for how one might adjust the value of the T* parameter in our generalized resilience equation (equation ( 2)), it is important to recognize that there may be situations in which the decision maker cannot adjust the parameter's value because it is assigned a fixed value, either at the organizational level or at the industry level. For example, as a result of performing a Business Impact Analysis an organization will typically define a threshold parameter, called the maximum tolerable period of disruption (MTPD), for key products and their critical activities [46][47][48].…”
Section: Exploring the T* Parametermentioning
confidence: 99%
“…Business continuity has been recognized valuable for organizations also in other disciplines; resilience, robustness and disruption management have been studied e.g. in supply chain management [27] societal safety [13], economic resilience of areas [4]. The survival of private and public organizations after natural and man-made crises has been discussed also in the crisis and emergency management field [2,7].…”
Section: Business Continuity Managementmentioning
confidence: 99%
“…Performance and time thresholds capture transitions in stakeholders' valuation of system performance. Two types of thresholds were found in the literature: critical performance thresholds, below which performance is unacceptable [57], [72], [80], [81], [83], [88], [90], [107], [177], [193], [195], [196], [212], [224]- [228], [232]- [235], and recovery time thresholds, within which the system should achieve specific recovery objectives [57], [67], [72], [80], [83], [88], [100], [107], [131], [196], [215], [226], [235].…”
Section: Threshold-based Metricsmentioning
confidence: 99%