Why digitalising your business continuity management is a must.
Supply shortages, high energy prices and natural disasters are only three very recent examples of causes for business interruptions.
For businesses of all kind, preparation for such critical situations can save a lot of effort, money and ultimately make the difference if you can continue to operate at all.
So how can you prepare to ensure your business continuity?
There are three essential steps:
- Map all your business processes digitally and visually.
Your benefit with a digital solution:
Capture all dependencies and interrelationships in your organisation without redundancy.
2. Carry out a business impact analysis (BIA) digitally in all areas of your business.
Your benefit with a digital solution:
Get an overview of weak points all over your business.
3. Define corrective and preventive actions and monitor their implementation.
Your benefit with a digital solution:
Have a real time status of risk for your company and the chance to prepare your response.
Save time and money with a digital solution
Even today, where many parts of business are digital, business continuity management and its business impact analyses work often with pen and paper, which causes inefficiency and redundancy.
Use the power of a dedicated software to reduce costly consequences of critical situations and maintain the business-critical activities.
Discuss with Dr. Roland Pulfer, how TopEase solutions can help you in managing business continuity in your company efficiently
Arrange a first call now and discuss your key challenges.
F24 expands product portfolio by acquiring leading GRC provider Business-DNA Solutions GmbH
As a result of this acquisition, F24 can now provide support to customers through the whole value chain from early phases like Risk and Business Continuity Management through Emergency Notification and Smart Event Communication up to Comprehensive Crisis Management.
Read the entire press release now
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We are happy to welcome Business DNA to the F24 family. This acquisition expands our knowledge base and technological expertise. Furthermore, it enables us to support our customers in every phase before, during and after a critical situation with our holistic portfolio for resilience
- Dr. Jörg Rahmer, Spokesperson of the Executive Board at F24
Governance, Risk and Compliance principles
The three core principles of GRC are defined as follows:
- Governance refers to the ethical management of an organisation by its leaders in accordance with approved business plans and strategies.
- Risk Management refers to an organisation’s process for identifying, categorising, assessing and enacting strategies to minimise risks that would hinder its operations and to control risks that enhance operations.
- Compliance refers to the level of adherence an organisation has to the standards, regulations and best practices mandated by the business and by relevant governing bodies and laws.
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