Business Continuity Plan Objectives
Upon taking care of them organizations can run their business smoothly during or after the crisis.
Business continuity plan objectives. Therefore the main objectives of a business continuity plan are to identify critical operations and risks provide a plan to maintain or restore critical operations during a crisis and create a. In addition to prevention the goal is to enable ongoing operations before and during execution of disaster recovery. A business continuity plan is an initiative to make a system of preventing and recovering from threats to the company.
Let s take a look at the three core objectives of business continuity planning listed by. This tool is designed to support ebmos assist its members during the covid 19 crisis. The plans spell out the steps the business and its employees will take in various disaster scenarios.
It gives plan administrators a guide to what the plan should accomplish. By preparing in advance for as many contingencies as possible businesses seek to meet the objectives of a business continuity plan efficiently and effectively. Of course depending on the size and complexity of your organization you can choose to add another layer of objectives e g at the level of individual.
The business continuity plan has three core objectives. 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. Putting these objectives into words serves two purposes.
This helps to provide a high level overview of the areas that must be addressed within the document as. Business continuity planning or business continuity and resiliency planning is the process of creating systems of prevention and recovery to deal with potential threats to a company. To withstand changes in its.
It also safeguards the interest of people like shareholders investors employees customers etc. Identifying your business continuity plan objectives is an important first step to creating a comprehensive plan. It aims to establish the risk profile of an enterprise and the level of vulnerability to covid 19 in terms of its impact on people processes profits and partnerships the 4ps.