ISO 22301:2019 Internal Auditor Training

Overview:

• Need for ISO 22301• Benefits of ISO 22301• Introduction to ISO 22301• Structure of ISO 22301• Terms & Definitions• Internal Audit and nonconformity• Management Review and corrective action

What is Business Continuity?

Any incident that leads to the disruption of business operations is the first trigger for activation of Business Continuity Plan. Following are the major factors to be considered as activation criteria for BCP.1. If the Recovery Time Objective of any critical process is less than the time required to restorenormalcy at site.2. If the time to normalcy is uncertain and achieving RTO could be a risk if the decision toactivate BCP is delayed3. If the disruption has occurred at a critical time very close to a major milestone and based onwhat the worst-case scenario would be4. The recovery priorities for the organization and business units and risk tolerance5. Various SLAs with the vendors or suppliers who are needed to recover the critical businessprocessIt is important that all Business Continuity plans are tested periodically to ensure that all those involved are familiar with their respective roles and responsibilities.

How does ISO 22301 define BCM?

Holistic management process that identifies potential threats to an organization and the impacts to business operations those threats, if realized, might cause, and which provides a framework for building organizational resilience with the capability of an effective response that safeguards the interests of its key stakeholders, reputation, brand and value-creating activities.