Business Continuity Plan
Does your organisation have a workable Business Continuity plan?
Business Continuity still seems to be an area of a business that is sometimes neglected, that is until it is too late to be effective in terms of responding to an incident! As a company we receive multiple enquiries in terms of assisting an organisation to write, develop and also maintain their internal business continuity plan.
Business Continuity Plan
Every organisation regardless of their size should have a working Business Continuity plan. A Business Continuity plan consists of the documented procedures needed should an incident be realised i.e. what to do in the event of something going wrong. Not having any form of plan, policy or management document means that an organisation is highly susceptible to real world threats and also that the organisation will in most cases be unprepared.
Business Impact Analysis
For any Business Continuity plan, then one of the main starting points is that of conducting a Business Impact Analysis (BIA). A Business Impact Analysis will allow an organisation to:
– Increase backing from all senior management and departments in terms of Business Consultancy planning and implementation.
– Identify what is important and what is not, it is worth noting that not every part of the business needs planning for!
– Identify and confirm which resources within the organisation are important, this could include staff, equipment, assets etc.
– Determine which areas of the business are a priority in terms of what is critical and what is not. As stated, not all the areas of a business need to be recovered with immediate effect and it should be those that are critical that should be focused on as to not waste time and resources mapping the entire organisation, remember that our aim is to ensure business continuity.
– Identify and assess the threats to the organisation, more importantly which of the risks from such threats will need to be mitigated or accepted by the board.
It is important that Business Continuity is integrated into the strategy of an organisation, meaning that the organisation understands its position in terms of Business Continuity as agreed by the board and senior management.
Some examples of BCM strategy are:
– Emphasis on business being restored after an incident or outage, including to an acceptable level of operational output.
– Communication channels will continue to be regardless of loss of certain communication methods.
– Alternative locations will be accessible in the event of closure or loss of primary location.
As you can see, these examples outline strategic intent and with direction from the top of the organisation, in turn creating a healthy appetite for Business Continuity.
Helping your company to be more prepared
It can difficult to navigate a successful Business Continuity plan for any organisation and one of the main hurdles is knowing where to start! Business Guard aims to simplify the entire process and assist organisations by providing advice and guidance on how to draw together the knowledge and procedures required for a Business Continuity plan.
Let us help you by leading the way…