Transforming corporate performance: A business continuity management approach

Wong, Wei Ning Zechariah

doi:10.1016/j.orgdyn.2018.08.004

Cited by 17 publications

(21 citation statements)

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“…Consequently, any threat that can cause disturbances in the normal business course must be ruled out by the managerial team through the exercising of risk assessment procedures and business continuity plans, meant to identify or minimize the business risk. Nevertheless, the number of business threats which can distress the organization's performance and the managerial control processes is a substantial one (Svata, 2013;Kareem & Alameer, 2019;Wong, 2019).…”

Section: Discussionmentioning

confidence: 99%

“…Nevertheless, the efficiency of business continuity management in the risk mitigation process and in maintaining essential operations is strongly dependent on the way in which the organization understands its business continuity capability, establishes the strategy for implementing business continuity and builds its organizational resilience (Wong, 2019). To make business continuity produce the intended result, meaning to aid the organization in adequately responding to business risks, the organization must properly monitor the implementation of its business continuity strategy through well-defined business continuity metrics.…”

Section: Organizational Resilience and The Efficiency Of Business Conmentioning

confidence: 99%

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Critical Functions in Ensuring Effective Business Continuity Management. Evidence From Romanian Companies

Pãunescu

Argatu

2020

Journal of Business Economics and Management

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The paper explores how business continuity management (BCM) is defined within the professional and academic communities that work in the field or research it. It sets out the framework for the composing elements of a BCM that emerge and considers how these various elements can interact with each other to build a sound business continuity management. Also, the paper aims to examine the organization’s critical functions that ensure an effective BCM. The research relies on a questionnaire-based survey, with data collected by personally interviewing top and middle-level managers from Romanian small and medium-sized companies. The results, which count on the responses of 119 participant companies, show that risk assessment takes a critical role in building the organization’s BCM strategy, while business continuity response planning has the strongest impact on the overall effectiveness of the organization’s BCM. The novelty of this research lies in a first time establishment of the critical functions that are vital for companies to maintain their essential business operations in case of disruptive incidents, to build organizational resilience. Future research should be grounded on testing if the BCM arrangements and business impact analysis influence the BCM strategy as the existing data did not prove that it did.

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Section: Discussionmentioning

confidence: 99%

Section: Organizational Resilience and The Efficiency Of Business Conmentioning

confidence: 99%

Critical Functions in Ensuring Effective Business Continuity Management. Evidence From Romanian Companies

Pãunescu

Argatu

2020

Journal of Business Economics and Management

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“…Regarding companies lack of preparation to conduct business in environments marked by disturbing incidents, it is worth mentioning Olarte Rojas (2017), Rezaei Soufi et al (2019) and Wong (2019). For Olarte Rojas (2017), uncertain scenarios and poor business continuity management can lead companies to bankruptcy.…”

Section: Reflectionsmentioning

confidence: 99%

COVID-19 and the administrative concepts neglected: reflections for leaders to enhance organizational development

Anholon

Silva

Pinto

et al. 2021

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Purpose The purpose of this paper is to discuss how COVID-19 pandemic forced several companies to reflect on their activities. Many organizational changes have been conducted and others will still be necessary. Some reflections are presented, as some aspects are well consolidated in academic literature while they are neglected by many leaders of companies. The authors believe that this viewpoint can support leaders to enhance organizational development. Design/methodology/approach Part of the information presented here is characterized by the authors’ points of view, as it is a viewpoint. However, the authors carried out searches on scientific bases and published press reports aiming to support the reflections presented in this text. Findings The reflections presented in this viewpoint focus on the following aspects: periodic critical analysis of companies business models, business continuity management systems, risk management, resilience principles in supply chain management, necessary changes in production systems, occupational health and safety systems and new ways of working. For the authors, the correct conduction of these aspects can guarantee companies survival; however, many leaders worldwide still neglect them. Originality/value The reflections presented here can be useful for leaders interested in conducting a critical analysis in their business, considering necessary organizational changes to face the COVID-19 pandemic consequences.

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“…The relevant literature from publicly available databases offers different frameworks and implementation approaches that address the various aspects of BCM. After analyzing the relevant sources, we have identified the following types of available BCM research papers: 1) General guidelines, applicable to arbitrary industries (e.g., [10], [11], [20], [12]- [19]);…”

Section: Business Continuity Managementmentioning

confidence: 99%

“…Complexity and changes of business processes, roles, relationships and benefits of new technologies force business systems to reinvent existing BCM strategies and adapt them to new conditions and environments [12]. The author suggests the incremental concept, which includes three types of strategies: process-centric, program-centric, and management resilience management.…”

Section: Business Continuity Managementmentioning

confidence: 99%

Adaptive e-business continuity management: Evidence from the financial sector

et al. 2020

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This paper focuses on business continuity management in organizations that use modern e-business technologies: the Internet, mobile computing, eservices, and virtual infrastructure. The aim is to make the shift from traditional Business Continuity Management (BCM) towards "e-Business Continuity Management" (e-BCM) suitable for modern technological environments. We have defined a comprehensive framework for the implementation of an adaptive e-BCM adjustable to changes in the business environment. The framework consists of practical steps for defining elements of a business continuity management system: business impact analysis, risk assessment, and a business continuity plan. We have implemented and evaluated the framework within three financial organizations. The key finding is that Business Impact Analysis and the continual improvement of the Business Continuity Management System are the driving factors for the effective establishment of an adaptive e-BCM. The proposed framework is general, and can be applied to any organization that uses modern ebusiness technologies.

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Transforming corporate performance: A business continuity management approach

Cited by 17 publications

References 0 publications

Critical Functions in Ensuring Effective Business Continuity Management. Evidence From Romanian Companies

Critical Functions in Ensuring Effective Business Continuity Management. Evidence From Romanian Companies

COVID-19 and the administrative concepts neglected: reflections for leaders to enhance organizational development

Adaptive e-business continuity management: Evidence from the financial sector

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