Essential Tips on Implementing a Business Continuity Plan
The events of September 11, 2001 changed a lot of things including the manner in which businesses assess risk and devise plans to deliver critical services in the event of a disruption. Although catastrophic events have a minimal probability, the businesses that plan carefully for business continuity are the ones that stand the best chance of continuing their services in the event of a disaster.
It does not take a monumental catastrophe to disrupt daily operations of a business. Sometimes it can be something as simple as a power outage or intermediate interruptions that result from a storm or an attack instigated by cyber criminals.
Having a business continuity plan in place means arranging to continue to deliver services which are the most critical to business operations and identifying the resources which are needed to support business continuity. In order for a business continuity plan to be effective there are key critical components that must be present during the planning process.
Business Continuity Planning Organization
When you begin the process for business continuity planning a senior management committee is essential for overseeing the process which includes initiating the necessary steps, planning for implementation, designating the resources, and then continually testing and auditing the business continuity plan. The senior management committee approves the planning structure, identifies the roles for certain individuals, creates the necessary teams responsible for developing and executing the business continuity plan, and prioritizes critical business operations.
Business Impact Analysis
By performing a Business Impact Analysis this helps an organization to identify critical business processes on both the internal and external levels. The identification of these processes initiates prioritization of services to ensure ongoing delivery and fast recovery following disruption.