WHAT IS A BUSINESS CONTINUITY PLAN?
A business continuity plan (BCP) is a document that includes the key injo a company requires to continue running in the case oj a Crisis.
A business continuity plan incorporates preparations for business operations, capital, people personnel, and strategic partners - any component
of the firm which could be affected. It describes how well a company will keep running through an unforeseen interruption in operation.
What is the purpose of a business continuity plan?
The business continuity plan outlines the fundamental operations of the company, points out the systems and procedures that should be
maintained, and provides instructions regarding how to do so. It ought to account for any potential turbulence in the organization.
A business continuity plan addresses vulnerabilities such as computer hacking, epidemics, natural calamities, and human negligence. A business
continuity plan is essential for an organization to possess to maintain its viability and credibility given the variety of potential hazards. A sound business continuity plan reduces the likelihood of expensive IT or brownouts.
The strategy is frequently made by IT professionals. The executive staff, on the other hand, takes a role in the process and contributes to the control
and expertise of the business. They likewise see to it that the business continuity plan is frequently updated.
Successful business continuity plan checklist:
These are the elements of a business continuity plan:
Strategy:
Items that are connected to the company's tactics for completing daily tasks and guaranteeing uninterrupted functioning
Establishment:
Items about the organization's workforce's structure, abilities, interactions, and activities.