アラビアン・ジャーナル・オブ・ビジネス・アンド・マネジメント・レビュー

Using a fuzzy cognitive map to model and implement local business continuity management

Abstract

Serolie Vungerti

Business Continuity Management (BCM) is a crucial aspect of an organization's overall resilience strategy. It involves identifying potential risks, developing strategies to mitigate those risks, and ensuring the organization can continue its critical functions during and after a disruptive event. While BCM has traditionally been associated with larger corporations, it is equally essential for local businesses, which often lack the resources and expertise to implement complex BCM systems. This article explores the use of Fuzzy Cognitive Maps (FCMs) as a practical and effective tool to model and implement BCM for local businesses. Business Continuity Management is a holistic approach that encompasses various elements to ensure an organization's survival in the face of unexpected disruptions. These disruptions can include natural disasters, cyberattacks, supply chain interruptions, and even pandemics.