Wednesday, April 8, 2020

How to create Business Continuity Plan BCP in 11 Easy Steps

 How to create Business Continuity Plan BCP in 11 Easy Steps


Business Continuity Planning Solutions lists out the necessary steps and relevant processes that
need to be put in use to identify and protect business processes required to maintain an acceptable level
of operations during a crisis.

Here, 12 steps to Start Building A Business Continuity Plan You Always Wanted and also helps to Develop an Effective Business Continuity measures

Few of the key steps are listed below:


  1. A clear understanding of the Business and scope of operations (including geographical spread)
  2. Where is the organization ‘positioned’ in the “Business Chain?”
  3. Assign - Roles and Responsibilities of BC Team
  4. Perform Business Impact Analysis (BIA) on key business processes (BIA is done Identify potential financial and non-financial impacts due to disruption in performing an activity/process and to arrive at Recovery Time frames)
  5. Risk Analysis (RA) on enablers (or drivers), General threats, or On specific threats as identified in the organization’s context
  6. Decide on Recovery Strategy (based on 4 & 5)
  7. Arrive at resources needed to execute BCP (manpower, IT infra, Physical infra, Vendor support, monetary support, etc)
  8. BCP (Business Continuity Plan) Document captures a sequence of actions that counteracts the risk that has materialized covering 6 Rs
  9. Need to take Communication Plan with all
  10. Training and Awareness on BCP to staff, associates, vendors
  11. BCP exercising and Testing


It's Advised to read BCP Simplified! Easy to understand BCP for business owners. Here you get the in-depth of BCP and its importance of BCP.

Conclusion

As a business owner, you need to consider business continuity management service for any organisation which helps to avoid your business reputation and also business loss.

So, what do you think of BCP? Do you use it on your business? Have you thought about BCP for your business? Contact us @iarm and visit – https://www.iarminfo.com/business-continuity-plan-bcp
With regards,




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