Business Continuity
What is Business Continuity?
Business Continuity refers to a proactive strategy ensuring an organisation’s ability to operate smoothly and recover swiftly from disruptions, including natural disasters, cyberattacks, or equipment failures. It involves plans, processes, and technologies to maintain essential functions and minimise downtime, safeguarding reputation and customer trust.
What is a business continuity plan (BCP)?
A business continuity plan (BCP) is a document with all critical information, policies or procedures for an organisation to continue operating during an unplanned event or disaster. A comprehensive BCP outlines all essential business functions, calls out critical systems or processes, details how to maintain them and who should be involved in doing so. It should consider any possible business disruption, be review annually at a minimum and tested.
How to create a business continuity plan (BCP)?
There are five key steps to developing an effective business continuity plan:
- Identify internal key contacts
- Create a business impact analysis
- Communicate and provide the right training to your staff
- Identify any threats
- Regularly test and update your business continuity plan
Why is a business continuity plan (BCP) important?
A business continuity plan gives an organisation the ability to maintain essential processes before, during, and after a disaster. A comprehensive BCP covers risks including cyber attacks, pandemics, natural disasters and human error and gives the business to preserve its function and reputation.
