Business Continuity Planning is an essential strategic management planning process used to enhance business resilience in the event of an emergency or disaster. The completed Business Continuity Plan (BCP) provides guidance to workplace parties and stakeholders so that the business can continue to operate during an adverse event e.g., provide products and or delivery of services to clients or customers during an emergency.
Having a plan may also assist to:
Ensure businesses have the timely information and guidance they need to operate Ensure compliance with legislation, standards, and government directives Reduce business interruption, maintain and or protect critical business functions Minimize job and revenue loss Enhance procurement and maintenance of resources e.g. equipment / critical supplies Optimize human resources, communications, and efficiencies before, during, and after the event Protect clients, customers, and worker health and safety Utilizing a framework can help guide businesses in establishing an effective BCP.
Can you please share your experiences with Business Continuity Planning?