Business Continuity Plan Key Points
Your bcp plan template is more than just a document to be stored away and never seen again.
Business continuity plan key points. Business continuity 62 response plans 55 oil spill 52 resiliency 47 business continuity key points 46 business continuity plan 43 workplace safety 41 emergency action plan 38 disaster response 35 epa 33 event preparedness 32 chemical industry 30 disaster recovery 30 fire pre plans 30 emergency response planning 29. An effective business continuity plan is essential to restore company operations protect your reputation and minimize the risk of serious financial loss in a disaster. A key component of a business continuity plan bcp is a disaster recovery plan that contains strategies for handling it disruptions to networks servers personal computers and mobile devices.
Many business continuity plans focus on protecting key business functions recovering lost assets and restoring normal operations. A comprehensive business continuity plan bcp provides a roadmap for continuance and or restoration of mission critical functions during and after a disaster such as a fire flood tornado or. The 10 key components of a business continuity plan.
The key to a successful business continuity plan lies in understanding the impact a disaster situation could have on a business and creating policies to respond to any such impact. A computer outage for example costs small and medium businesses an average of 12 500 per day. This level of response requires extensive business continuity planning to ensure all aspects of a firm s business are evaluated and protected.
Business continuity planning bcp is the process a company undergoes to create a prevention and recovery system from potential threats such as natural disasters or cyber attacks. 1 guide the company s disaster recovery teams. This is one of the most fundamental objectives of business continuity management.
What is a business continuity plan. Getting a plan in place shows your employees shareholders and customers that you are a proactive organization. It improves overall efficiency in your company and helps you allocate the right financial and human resources to keep your firm up and running during a serious.
No one can predict the future. A bcp is generally created in advance of a disaster and involves the company s key stakeholders. However you can be ready with a sound business continuity plan.