Introducing Adaptive E-Business Continuity Management

Abstract

Our research paper is focused on improvements to the establishment of effective business continuity management in organizations that use modern e-business technologies: the Internet, mobile computing, electronic services, virtual infrastructure, etc. The paper introduces a new concept, that of e-business continuity management (e-BCM), within the existing scientific field of business continuity management (BCM), and defines a comprehensive model for adaptive e-BCM adjustable to changes in the business environment of the organization. The proposed model is the result of our theoretical and practical work in the last four years, including implementation of the model in three financial organizations of various sizes. The model defines a general framework for establishment and continuous improvement of e-BCM and includes methods for defining the key components of a business continuity management system: business impact analysis, business continuity risk assessment, and business continuity plan. The results may have broad practical application in any organization that uses modern e-business technologies.