WHAT is a Business Continuity Plan & WHY you need it?

 

A Business Continuity Plan contains all the information required to get the business running again after an incident/crisis.

 It outlines the procedures an organisation must follow to return its operations to normal.

In essence, it is the insurance plan for survival amid an unexpected occurrence. It provides the framework for operating in the case of an emergency & details the persons, the roles & the procedures involved. 

The Pandemic had been a bold example of such an unprecedented situation. Suddenly, there was a need for most of the staff to work from home on concise notice. The organisations that had a Business Continuity Plan in their reverses beforehand; made this look easy while others struggled. Hopefully, you won’t have to use your Business Continuity Plan, but you need it in place as a response to unforeseen situations before they happen.

 

WHAT about Disaster Recovery?

Disaster Recovery focuses on getting all important IT Infrastructure & Operations up and running again.

You can think Disaster Recovery as a subnet of Business Continuity.

Typically Includes:

Emergency procedures staff must follow when a disaster occurs

Enumeration of the Critical IT Assets, their maximum allowed outage time (RTO) & restore point (RPO)The subset of tools or technologies to be used for recovery

Persons in charge forming a disaster recovery team, their contact information & their roles in the plan execution

During a Disaster Recovery procedure, both Recovery Time Objective (RTO) & Recovery Point Objective (RPO) must be met to fit each business’s requirements.

WHY should you invest in Business Continuity & Disaster Recovery Planning?

To avoid Revenue Impact Every business is less or more dependent on IT Infrastructure. A service outage lead to direct or indirect revenue loss. Appropriate planning aims is ensuring you can continue operating with minimal or zero interruption.

Limit Damages A disaster will cause damage; however, the extent of this damage is critical for the affected infrastructure. Damage xontrol is crucial for the next day.

To Maintain & Promote Supply Chain Confidence Exhibiting well-defined Business Continuity & Disaster Recovery plans helps build confidence and trust within your partner network.

Because Hardware Fails IT systems & technologies have been greatly improved in resiliency; however, the probability of a failure persists. Therefore, having the plans in place helps deal with those unforeseen issues.