ISO 22301 Business continuity refers to planning in advance in order to prepare an organization to continue to run its operation even in the event of emergencies. These emergencies can occur in the form of natural disaster, pandemic, business crisis, violence at workplace, etc. Thus, it is necessary for an organization to put in place, a Business Continuity Management System (BCMS). The planning and execution may vary among the organizations on the basis of their size, revenue or industry. ISO 22301 Certification is a set of standards prescribed by the International Organization for Standardization (ISO) to ensure the business continuity of an organization.
Let us understand ISO 22301 Certification
The full name of this standard is ISO 22301:2019 Security and resilience- Business continuity management systems
It is applicable to all organizations irrespective of scale or sector.
It ensures that the organization is able to deliver goods and services at a pre-determined quantity even in the time of disruption.
It helps in building a resilient system to deal with any situation and meet all the business obligations.
ISO 22301:2019 is an upgraded version of ISO 22301:2012. The newer version is more flexible than the earlier one in terms of applicability in the organization.
How does ISO 22301 work?
Business Impact Analysis: This means thoroughly analyzing the priorities of the business for its continuity.
Risk Assessment: This is done to identify potential causes for business disruption.
Risk Mitigation: This involves planning out the safety measures to prevent those risks, as well as prepare the organization to recover easily and immediately from the incidence of disruption.
The strategies for BCMS are implemented in the form of policies and right physical and IT infrastructure. Implementation of ISO 22301 standard helps in planning, allocating resources, and involving the workforce in order to maintain the continuity of the business.
Some of the basic terms used in the standard
BCMS-This stands for Business Continuity Management System. It is a part of overall management system that includes planning, execution, maintaining and improving the system to ensure business continuity.
MAO- This stands for Maximum Acceptable Outage. It gives the maximum time for which the business can afford the disruption. It is also referred as Maximum Tolerable Period of Disruption (MTPD).
RPO- It stands for Recovery Point Objective. This gives an idea of a minimum data that should be restored to ensure business continuity.
RTO- It stands for Recovery Time Objective. This gives a pre-determined time within which the data should be recovered and restored.
MBCO- It stands for Minimum Business Continuity Objective. The minimum quantity of goods and services that the organization should produce in order to attain its objectives, is termed as MBCO.
What is the importance of ISO 22301 Certification?
A majority of nations have their own legislations that deal with the continuity of any business. Having ISO 22301 Certificate will enable an organization to comply with the legal requirements.
This will guarantee an advantage in the market with respect to the competitors who don’t have ISO 22301 certification. Retain ability of the customers is dependent upon the organization’s ability to build confidence that their operations are resilient to any kind of emergencies.
This certification lays down certain policies and process controls for business continuity, thus, reducing the dependability on few individuals for sustainability of the organization.
Implementing ISO 22301 standards prepares the organization in preventing or mitigating the effect of any kind of disruptions. Thus, it saves a lot of cost to the organization and prevents large-scale damage.
ISO 22301 certification maps-out the significance of Security and Resilience- Business Continuity Management Systems. Also, in the highly competitive market rate the organizations struggle being differentiated. Hereby ISO 22301 is an eminent tool for sustaining and nurturing in the market.
Certify your organization to revamp your functioning system. The ISO 22301 certification aids to structure and align your business credibility and authority resulting into overall efficiency of the business.
We at DASH Certifications look forward to support you in all the possible ways. We are always happy to support you, Starting from the Guidance to understand and choose the relevant standard for your organization till getting certified. Our world class experts and our executive sales team would love to contact you anytime.
Management system standards such as ISO 22301 is one of the Standard which is also know as the mother of all standards needs to be understood. We at DASH Certifications are well equipped with the experts and trainers who can train you and get you to another level of understanding of the requirements of the standard.
There are various types of ISO 22301 training which you can undergo based on your requirement of level of understanding and need of the standard.
The training can be categorized in to Awareness training, Internal auditor training, lead auditor training and Implementation training.
Knowledge about ISO 22301 standards
ISO 22301 Certification exhibits the Societal Security-BCMS (Business Continuity Management System). This standard is implemented to smoothly and efficiently run the operational system of an organization. The awake of any risk, threat or natural calamity might eventually interrupt the continuity of business. So ISO 22301 aids to anticipate the risks and covers all the aspects for business continuity management system.
ISO 22301 standard is not specifically for a particular kind of organization; it is pertinent to every business regardless of the size or type or nature. There are certain obligations required by an organization to fluidly run the system. However, there might be certain ramifications on the way, but this standard has ability to direct you with specific procedures to anticipate and dissolve them.
What is ISO 22301 Certification?
ISO 22301 is an international standard that provides a framework to develop a business continuity management plan and identify threats to the critical business functions. It helps in safeguarding the organizations against any natural disaster, pandemic outbreak, terror attack or simple theft. The purpose of ISO 22301 is to design, develop, implement, and review the organization’s Business continuity management system so as to minimize the impact of any disruptions.
Why is ISO 22301 Standard Business Continuity Certification important?
ISO 22301 provides guidelines for your business to stay operational even after any disruption. It makes sure that the critical business functions are still running and the organization is still able to deliver to market requirements. ISO 22301 is applicable to organizations of any size or sector. It is particularly applicable to those operating in a complex environment with frequent encounters with high risks. Getting yourself certified with ISO 22301 helps you in preventing loss of revenue as well as customers during the time of emergency.
How ISO 22301 benefits your organization?
ISO 22301 helps in protecting against unpredictable threats such as natural disasters, terror attacks, IT failures, and so on. It Provides you with the framework to assess the risks arising from your suppliers or even workforce. Reduces the time of recovery after an event of disruption by enabling your organization to fix the situation in a pre-determined time frame. It provides you with the confidence to handle any emergency through constant drills and desktop exercises.
ISO 22301 Mandatory documents:
Let us have a look on the mandatory documentation requirements for the Business Continuity Management System – BCMS: List of legal, regulatory and other requirements (clause 4.2.2) – lists the compliance requirements for your organization. Scope of the BCMS and explanation of exclusions (clause 4.3) – It helps you with the areas where BCMS can be implemented. Business continuity policy (clause 5.2) – defines main responsibilities, and the intent of the management. Business continuity objectives (clause 6.2) – defines measurable objectives that are to be achieved for business continuity. Competencies of personnel (clause 7.2) – It defines the skills and knowledge requirements. Business continuity plans and procedures (clause 8.4) – includes plans and procedures for disaster response, effective communication during the time of disruption, and plans for sooner recovery and restoration of business activities. Documented communication with interested parties (clause 184.108.40.206) – These are in the form of emails or official communication with the government. Records of important information about the disruption, actions taken and decisions made (clause 220.127.116.11) – This is in the form of minutes about the decisions as well as actions taken at the time of disruption. Data and results of monitoring and measurement (clause 9.1.1) – this is the evaluation on whether your BCMS met the objectives. Internal audit program (clause 9.2) Results of internal audit (clause 9.2) – normally, this is the Internal audit report. Results of management review (clause 9.3) – It presents the documented decisions after the audit. Nature of nonconformities and actions taken (clause 10.1) – This represents the gaps in the system in the form of nonconformities and provides their description. Results of corrective actions (clause 10.1) – This lays out the actions that have been taken to close those gaps or eliminate nonconformity.
What is the process to get my business certified to the ISO 22301? Prepare
Understand the specifications of ISO 22301 standard. Appoint an ISO 22301 Expert. Secure the support from senior management. Establish the context, scope, and objectives for your organization. Establish framework for management procedures. Assess your risks. Mitigate those risks by applying the controls. train your professionals. Review and update the required documentation. Measure, monitor, and review Perform an internal audit. Registration/certification audits Certification audit
At this stage, the auditor thoroughly assesses your system to check its compliance as per the standard’s requirements. Get Certified
How much does ISO 22301 cost?
The cost of certification depends on several factors, such as the area of operation of your business, your annual turnover and the number of employees in your organization. It also depends upon your requirement of specific industry accreditation, for example, from IOAS.
However, with DASH Certifications, you can expect the value for your money, as we guarantee a hassle-free experience in a time-bound manner. With more than 15000 clients across over 35 countries, we stand out to be one of the best certification bodies. We take pride in our integrity. For further queries, or to apply for ISO 22301 certification