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Research Paper | Risk Management | United Arab Emirates | Volume 13 Issue 2, February 2024 | Popularity: 4.8 / 10
Integrating and Transforming Business Continuity Management into the Digitalisation
Ali Alshamsi
Abstract: In today's dynamic and competitive market, businesses face the substantial challenge of adapting to rapid changes to ensure their survival. This necessitates a fundamental shift towards proactive planning and preparedness to effectively address causes that may impact service and product provision and lead to unplanned disruptions. Normal planning is no longer sufficient to thrive in the market, particularly with the rise of digitalization, where organizations find themselves operating in a complex and ever - evolving environment. BCM encompasses a comprehensive framework designed to identify, assess, and mitigate risks, ensuring the uninterrupted delivery of critical products and services. Despite increased awareness of BCM and resilience, organizations still struggle to implement formal BCM plans, revealing a critical gap between awareness and implementation. Effective BCM strategies require a multidimensional approach that integrates stakeholders, processes, and technology. Technological innovations play a vital role in enhancing resilience, facilitating remote operations, and enabling rapid recovery from disruptions. Collaboration and partnership are vital for building collective resilience and sharing resources to mitigate shared threats. Integrating BCM with digital transformation initiatives has become essential for fostering a culture of resilience and agility within organizations. Aligning BCM practices with digital strategies helps mitigate risks while harnessing digitalization's transformative potential. Technological resilience and infrastructure management are critical for ensuring the continuity of digitalized business operations. Robust cybersecurity measures and effective crisis communication are essential components of BCM in the digital era. The integration of BCM into digital transformation initiatives is paramount for ensuring business continuity and long - term success. Proactive measures, resilient technologies, and a culture of resilience empower organizations to withstand digital threats and emerge stronger amidst adversity. Ongoing research, collaboration, and innovation are vital for advancing BCM practices and ensuring sustainable resilience in a constantly evolving digital environment.
Keywords: business continuity management BCM, digital transformation, resilience, technological innovations, risk mitigation
Edition: Volume 13 Issue 2, February 2024
Pages: 1198 - 1200
DOI: https://www.doi.org/10.21275/SR24212150117
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