Business continuity Management

sumit sharma1
Tera Contributor

‎06-13-2023 07:45 PM

Do Business continuity Management(BCM) and Integrated Risk Management(IRM) be integrated together ?
I want  to figure out the linking connection between BCM and IRM.
Thanks

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Community Alums
Not applicable

‎06-13-2023 08:31 PM

Hi @sumit sharma1 ,

BCM comes under IRM umbrella itself, here there is no need to integrate these two.

BCM is based on Fairchild software bought by SN 3 years ago and has been slowly integrated onto the SN platform.

BCM does not use Entities and if you look at the IRM architecture, BCM is nowhere near it. The Impact Assessment mentioned on the slide is not related to BCM but Regulatory Monitoring. 

You can of course use the values from the various Assessment Instances, or other values generated by the BCM application to trigger indicators or automated factors - just like any other assessments - in order to impact risk scores or control compliance. 

You can always try the Idea Portal if you have use cases where IRM+BCM could be linked closer together from an architecture point of view. 

 

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Community Alums
Not applicable
In response to Community Alums

‎07-02-2023 06:40 AM

Hi @sumit sharma1 ,

 

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Tomasz Kolodzie
ServiceNow Employee
ServiceNow Employee

‎06-30-2023 01:28 AM

Hello,

I think this part of documentation around CSDM and BCM and IRM describes best how those solitions can support each other. https://docs.servicenow.com/bundle/utah-servicenow-platform/page/product/csdm-implementation/referen...

Products that add value to BCM

When you use BCM with other ServiceNow products, you increase the value you get from Business Continuity Management.

Integrated Risk Management (IRM), for example, provides a holistic approach to the BCM program. The risk assessments become a critical input for creating the business continuity planning phase. The BCM policy can be authored and maintained in the policy and compliance capability of IRM.

 

Products that benefit from BCM

Integrated Risk Management

Risk assessments can be scoped based on the business impact analysis done on business services, business processes and applications.

Operational Resilience

The business continuity plan status and exercise results are used to track the resilience profile of the business services.

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