Ask these Questions to understand status of your Business Continuity and Business Resiliency

Building operational resiliency has become a priority for organizations across industries. All businesses want to flourish regardless of the situation, but this needs forward planning and risk management to make one prepared for the unforeseen.

Ask these Questions to understand status of your Business Continuity and Business Resiliency

• Do you have a clearly defined policy/procedure for Business Continuity?
• Have you defined following teams and their roles and responsibilities?

- Business Continuity Forum (BCF)

- Incident Repsonse Team (IRT)

- Medical Emergency Response Team (MERT)

• Have you conducted common BCP tests for critical infrastructure components and critical business functions?

- Tabletop

- Call Tree

- IS Setup

- Evacuation drill

• Have you analyzed partial/complete impact of possible incidents for your business?
• Have you defined a clear communication structure and emergency contact list?
• Have you defined Response to Emergencies (REs)?

- during business hour

- after business hour

• Have you defined Emergency operations centre (EOC) and backup center?
• Have you conducted Risk Assessment for your critical assets?
• Have you conducted an internal audit of your Business continuity related activities?

Business Continuity

The capability of an organization to continue the delivery of products or services at acceptable predefined levels following a disruption.

Business Resiliency

The ability of an organization to absorb and adapt in a changing environment to enable it to deliver its objectives and to survive and prosper.

Business resilience builds on the principles of business continuity but extends much further to help enhance an organization’s immune system to be able to tackle challenges.?

As organizations in all sectors pivot to deal with the challenges posed by the coronavirus pandemic in 2020 and 2021, it has brought the Business Continuity and Business Resiliency ability into sharp focus.