How to create an effective Business Continuity Plan
Business continuity management is a holistic management process that identifies potential impacts that pose a threat to business, and provides a framework for building resilience against them. It constitutes an effective response that safeguards the interest of its key stakeholders, reputation and revenue-generating activities.
How to create an effective Business Continuity Plan, otherwise known as everything you need to do to avoid becoming a statistic.
• Two out of five companies that experience a disaster go out of business within five years – Gartner Research
• 40 percent of companies that shut down for three days fail within 36 months – Contingency Planning and Management magazine
• Only two out of five (43%) leaders of small to medium financial services companies know how long it would take to restore their IT to normal working order after a disaster – Cloud Direct
This guide is intended to show you how you can improve your business resilience by building a strong Business Continuity Plan (BCP). A strong plan is well thought out, supported across your business, and tested regularly.
Ultimately, the guide should help you anticipate, mitigate and recover from unplanned events – such as flooding, power outages, data loss or cyberattack.
Plus a free business continuity template.
“Failing to plan is planning to fail.” – Alan Lakein