What does BCM stand for in the context of business resilience?

In the context of business resilience, BCM stands for Business Continuity Management. This is a comprehensive approach that ensures an organization can continue to operate and maintain essential functions during and after a disruptive event. Business Continuity Management involves identifying critical operations, assessing risks, and developing plans to mitigate those risks.

The focus of BCM is not just on recovery after an incident but also on preparing for potential threats, which helps minimize downtime and protect the organization's reputation and financial stability. It encompasses strategies for crisis management, disaster recovery, and risk assessment, making it an integral part of an organization's resilience strategy.

While the other options reflect different frameworks or concepts, none encompass the comprehensive planning and operational readiness essential for maintaining business functions in the face of disruptions like BCM does.