Business Continuity Planning
What is business continuity planning?
Business continuity planning is a process aimed at minimizing the impact of disruptions to normal business and allowing the service to return to an acceptable level of operation. It is focused on maintaining the most critical business functions during any kind of disruption.
Getting started on your business continuity plan involves:
· Considering all the possible disruptions to your business
· Determining how those disruptions can impact your business operations
· Rating the disruptions from highest to lowest
· Prioritizing your plan according to this rating
Why do you need a business continuity plan?
Having a business continuity plan in place is a smart business practice. No plan will be able to provide all the answers or address every conceivable disruption, but having a business continuity strategy in place will help to minimize the impact and consequences of the disruption. Ensuring the safety of employees, equipment, worksite, and customers requires planning, and any amount of planning is better than no planning at all.
Who is involved in business continuity planning?
Business continuity planning is a collaborative process that may involve all departments within your organization. When all groups work together, it will ensure a resilient workplace in the event of disruptions.
What is involved in business continuity planning?
· Risk assessments
· Plan development
· Training and exercises
Download a business continuity guide