No leader wants to think about all the ways in which their businesses might be disrupted but, as the saying goes, failing to plan is akin to planning to fail. Disasters can strike at any moment and without warning, and long-term disruptions can drag on for much longer than anyone may have anticipated. From natural catastrophes to lasting disruption due to far-reaching changes in the market, the best approach to mitigation is a rock-solid business continuity plan. Read more: https://continusys.com/7-non-negotiable-features-of-any-effective-business-continuity-plan/

1. KEY FEATURES OF
EFFECTIVE BUSINESS
CONTINUITY PLAN
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2. RISK
ASSESSMENTS
Completing a risk assessment is a critical stage
in developing a solid business continuity plan. A
risk assessment identifies your organisation's risks
and the probability of them occurring.
Depending on your organisation’s working
environment, these risks can include data
breaches, natural catastrophes, man-made
disasters, or even financial and operational
risks. Consider every possible factor that could
put your business at risk and evaluate the
likelihood of that risk.
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3. BUSINESS
IMPACT ANALYSIS
Another critical step of continuity planning
is to perform a business impact analysis
(BIA). This will serve as a crafted distillation
of your risk assessment and form the
foundation of your continuity plan. Your
BIA must identify all the essential processes
of your organisation and how your business
might fare if disrupted.
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4. DISASTER
RECOVERY PLAN
Disaster recovery planning is a component
of continuity planning that deals with the
recovery of mission-critical assets and
operations that have been rendered
unworkable or unable to continue as usual.
Since almost all organisations rely heavily
on IT, this tends to be the main focus of
disaster recovery planning, don’t
underestimate the potential for critical
equipment failures as well.
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5. CRISIS
COMMUNICATIONS
Effective crisis communications make all
the difference between a panicked and
an organised emergency response
procedure. Crisis communications should
encompass telecoms, email, public
announcements, audio and video
conferencing, and any relevant internal
systems.
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6. RESOURCE
SCHEDULING
To mitigate the damage caused by any
disruptive event, employees must have
access to the systems and data they need
to do their jobs so that customers can
access your services and products as
reliably as possible.
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7. EMPLOYEE
TRAINING
Employees should be adequately trained
to handle a disaster in a way that prioritises
their safety and well-being. They must also
be aware of their allocated recovery tasks.
Proper training of allocated employee
recovery tasks will help minimise any
financial loss during a disruptive event.
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8. TESTING AND
REFINEMENT
Remember, employees – including those who
might be instrumental in executing your
continuity plan could change jobs. IT and
Technical environments evolve and change
regularly, and new risks will likely emerge
regularly. For this reason, you must review, test,
and update your plan at least once a year or
whenever you make significant changes to
essential operations or staffing.
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9. THANK YOU FOR
READING
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