• BCP – Business Continuity Plan:
There are many potential threats that may disrupt your business. A BCP will prepare your organization against the impact of incidents, losses and disasters in order to ensure its survival. It will limit financial hardships and safeguard your company, its assets and brand reputation. Whatever the cause, the likelihood of recovery is much greater for businesses that have prepared their response in advance.
• Business Continuity Management:
i. Risk & Business Impact Analysis
1. Identification of hazards and evaluation of their potential impact. These can range from fire and explosion over disk crashes to regional floods.
2. Impacts considered do not only include a total loss but also partial loss of facilities, utility failure, loss of data, loss of key suppliers, etc …
ii. Strategy & Implementation
1. A clear strategy incorporated into a pragmatic plan will ensure the actions necessary to overcome incidents successfully are taken.
2. Alternatives for accomplishing critical business functions are identified as well as policies minimizing the time and cost of the controlled recovery.
iii. Quality Program, Exercises & Tests
1. Like any plan, also your BCP should be regularly tested to make sure the plan is workable and adapted to your organization’s needs.
2. Our plans are developed to international standards such as ISO 22399, BS-25999 and NFPA 1600.
• Benefits of Business Continuityt:
i. Offers your clients greater assurance that you will be capable of managing the continuity of your operations successfully at times of incident and disruption.
ii. Yields financial benefits when areas of weakness within the organization are eliminated and it can help to reduce insurance premiums.
iii. Protects cash flow and profitability by enabling the continued delivery of key products & services.
iv. Protects brand reputation and image throughout and beyond the period of disruption.
• Besides / “By the way” …
i. Did you know that evidence clearly shows organizations do not invest enough in Business Continuity?
For instance, fires permanently close over 40% of the businesses affected.
ii. Quality Assurance and Business Continuity? Can one claim to deliver a quality service without a program in place that will ensure continuation
of that service delivery in case of an incident?
iii. Is your (critical) supplier prepared for incidents so your organization will not suffer?