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Four Key Aspects of Business Continuity Plan
Successful BC plans start with the five basic elements of the system, which are targets, activation procedures, objectives, assumptions and constraints, and procedures for standing down.
Fremont, CA: Over the past few months, the COVID-19 crisis has forced organizations to address many problems, but the business continuity (BC) strategy is one of the most critical ones. Many company continuity plans are either too high to include any real actionable information or are made of out-of-date material. Plans put so much focus on short-term disturbances and forsake long-lasting disruptions in other instances. Some even skip over pre-event planning and techniques for job acceleration.
Create Business Continuity Plan Foundation
Here's what your BC plans should involve when you redefine your whole company resilience program. Successful BC plans start with the five basic elements of the system, which are targets, activation procedures, objectives, assumptions and constraints, and procedures for standing down. There's a lot of space to customize for your scale, maturity, compliance criteria, and other variables within this system.
Create Response Strategies if Key Resources Are Unavailable
If critical resources become inaccessible, successful BC plans must include well-defined strategies and actions for responding. This could consist of the office, facilities, staff, services from third parties, services, and data. In any of these disruption situations, you need to have prepared business solutions, and they must be at the individual resource level.
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Determine Timing for Each Response Strategy
Find out the expected time for each of your specified response strategies to be implemented, as well as how long each strategy can stay successful. The target should be fast execution times for certain strategic choices. For some, concentrating on ensuring that response techniques, preferably three to six months or longer, would be successful for sustained timeframes.
Test and Practice
Checking it periodically, reviewing it as the resources change, and practicing responses to different situations is just as important to have a strategy. Your reaction to an event would be fast and smooth with repeated training and practice to help prevent extended downtime or disturbance.