Business continuity plan is to identify the organization's exposure to internal and external threats and work out how to stay in business in the event of disaster. business continuity plan is a part of an organizational learning effort that helps reduce operational risks.
Business continuity plan
In order to develop a business continuity plan you need to have a thorough understanding of your business. This involves knowing the critical functions of your business, the affect of those functions being disrupted and the priority for recovery of those functions. This process is known as a business impact analysis. During the process, you need to consider what the critical functions of your business. For example, in your company, Distribution, IT department, or Call centers are your cord business activities
After you have identifies your key business functions, you should consider the importance if the function on the survival of your business and how quickly each function must be reestablished and the resources required for recovery. This analysis will help you identify what resources you need and when you will need them.
Risk is normally considered in terms of likelihood of a hazard affecting your business. By assessing your risks you will be able to prioritize your risk reduction activities. In your risk assessment process, list all the internal and external risks that could disrupt your business continuity.
Business continuity plan template
Template structure: Whatever style you choose, it is important to include key elements in your example: the introduction and background part, the analysis part, this part should include business impact, internal and external risks, critical functions, and finally your solution and plan
Key Business Plan Elements: There are four key areas you need to consider in your process of designing your template: first step is to identify key employees that is responsible for dealing with crises. the business continuity plan must be clear about which employee, of those who perform a similar task, should perform the task in a disaster. Without such clarity, multiple employees may work redundantly and cross purposes. The second step is to know the key functions that is crucial to the normal operations of the company. In an emergency case, all the people and resources must be used to support the key functions of the company. so identifying those functions is an essential part of a business plan. The third step is to assign specific tasks to key employees. Once a plan targets and procedures has been clarified. the plan must further assign the key employees to each identified function and list the location of resources needed for the task. The last step is to communicate effectively routinely and in the emergency case. For example, you may need to consider alternative communication tools when the internal communication channels are broken down.