Business continuity planning is an essential part of running any modern organization that takes its business and its clients. Benefits of continuity of business. . The business benefits of business continuity. I have two major clients who have attested to the fact that their robust business continuity planning was a key. . The benefits of business continuity planning 1st march 2006 tim astley strategic risk consultant zurich risk services. . Pandemic planning ps prep standards terrorism technology. Cloud computing data center centre issues ict continuity. The benefits of business continuity a. . The benefits of business continuity. Some key benefits of. From our experience an organisation that prioritises business continuity planning is not only. .
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The following quote, taken curiously from a womens magazine sums it up there is no such thing as a disaster it is merely an inconvenience that can be resolved with a little patience and understanding john dawes, the captain of the british lions rugby team quoted in 1971 before taking on the all-blacks get your retaliation in first the message being do unto to them before they do unto you! And in essence, the proactive facet of bcm is exactly that! As you so rightly say in your article, the focus has been about reaction, and really emanated from the dr approach of the early it days - big beasties ticking in an it room. This will become an even stronger competitive advantage over the next few years as business continuity standards take hold around the world and their associated accreditation schemes highlight those companies that have taken business continuity seriously. Customers will know when to expect goods and services. Business continuity is an offensive as well as defensive business strategy so why is so much focus given to the latter? David honour comments. Frequently the greatest and most immediate value of the business continuity planning process is the awareness one gains of the details of hisher business and not necessarily the streamlining of how to handle disaster as an organization.
With an effective and practiced business continuity plan, your insurance company may well view you more favorably should some sort of disaster ever require you to call upon their services. Business continuity planning will make your organization more robust. And then attending conferences that indicate that we, the professionals, should be talking with management about proactive approaches for preventing or mitigating incidents while planning for and implementing workforce contingencies. This remained the case through the early 1990s, but in more recent times, essentially with the advent of the so-called millennium bug, the public sector started to turn its eyes towards business continuity. Business continuity plan will show your investors that you take business seriously, that you are prepared and desire to maintain productivity regardless of difficulty.
Cross-training employees to provide backup in the event of an emergency increases overall employee skills and enhances their ability to adapt to periods of crisis. A business continuity plan is a strategic outline of how your company would respond to any number of potential disasters or calamities. In addition, employees will be informed and rehearsed as to what actions to take to immediately start the recovery process and ensure business continuity if disaster strikes. This preparation will also show your staff that you have their employment and personal well-being in mind. Bcp great advantage is that an as it is analysis is required. Recovery institute international) the focus is on building resiliency and response mechanisms with the aim of safeguarding stakeholders and key aspects of the business. These summary points and responses are in no particular order and, while the associated reader responses have been spell- and sense-checked, they have not been edited. The business that recovers most quickly from a wide-area disaster is the business which is able to capitalize on the situation. The manufacturer of this cell phone had known where his competitors might be lacking and hence built enough resilience into the product. As for the majority of the key business processes, loss there-off is just plain unacceptable as with one clickone call the client is long gorn, possibly for ever as the loyalty factor is almost a custom of the past! So, if the board is going public to demonstrate the governance controls the following proactive actions, as components of the bcm programme should be underwritten critical business processes and key depedencies identified and documented escalation procedures and decision criteria to move from business-as-usual controls into the exceptional bcm controls created and exercised in conclusion, preparation is all, as in john dawes quote, gaining the teams support and understanding of the overall objective ensures the value of the proactive elements of bcm.