Changes management as the presumption for business continuity
Changes management as the presumption for business continuity
Author(s): Asta Valackienė, Daiva ŽostautienėSubject(s): Business Economy / Management
Published by: Kauno Technologijos Universitetas
Keywords: Change management; business continuity management; business continuity planning;
Summary/Abstract: Applying systemic analysis of academic literature the paper discusses not widely spread social phenomenon – the impact of change management on business continuity process. The methodological approach was based on the conceptualization of changes management seeking to highlight his role on the business continuity. Its signification in today‘s economical conditions. Business continuity management is presented as one of most significant aims of modern organization that allows not only to stay in the market, but also to gain competitive advantage. Today’s economy and increasing competition influence organization‘s need to improve and pay more attention to changes that can interrupt critical business processes. Even the smallest disturbance can cause serious damage to organization and its image. The continuity of critical processes became one of the main strategic goals to every organization. Business continuity is closely associated with changes, so organization improves and that gives competitive advantage, prestige, the confidence of stakeholders. The principles of business continuity allow minimizing financial loss and gives opportunity to restore critical processes in short time period. The possibility to not only to adapt in the situations of drastic, fast changes, but also to use changes in the benefit of organization ensures long-term improvement. Business continuity management, as one of strategic goal, needs some resources. Organizations should dedicate some of material, human and time resources to ensure main organizational processes. The author of this paper is trying to represent the phenomena and signification of ability to proceed strategic activity without any disturbance. The principles of business continuity management are highlighted not only in the theoretical, but also in the practical perspective. In this paper was conceptualized and extended terms as: „Change“ and „Change management“, „Business continuity management“ and defined the guidelines of business continuity plan.
Journal: CHANGES IN SOCIAL AND BUSINESS ENVIRONMENT
- Issue Year: 2013
- Issue No: 05
- Page Range: 207-212
- Page Count: 6
- Language: English