Business continuity planning will ensure that an organization can continue to function as normal as possible following a disaster. Disruptions come in many different kinds, such as an attack by a cyber-storm, flooding or even the loss of key employees or suppliers. These kinds of events can be devastating for a company, resulting in loss of revenue and customers as and damage to brand reputation.
A business continuity plan is designed to minimize these risks by defining procedures and instructions for the company in the event of an incident. This includes identifying the potential consequences from each type Go Here of incident and determining what steps must be taken to minimize those impact, and determining who will be responsible for overseeing the situation. The process starts with a business-impact analysis. The second step involves putting together a crisis management team. This is the team that will be in charge in the event of an emergency.
A BCP is incomplete without training, which can assist employees understand what to do if catastrophe happens. Alongside training it is crucial to have a comprehensive and easily accessible plan and to test regularly the plan. While testing, it might be beneficial to add new members of the team, to give them « fresh eyes » which may shed light on details that the more experienced members might have missed.
Unforseen disasters can strike at any time, so it’s essential to be prepared. A well-designed business continuity plan will give your organization the resources it needs to manage any emergency. This will ensure that your customers are satisfied, and increase your bottom line.