Business Continuity Plan is one of the vital elements of businesses that are very
susceptible to external factors which might impact the business in a major way. It is
defined as a planning and preparations in advance which are essential to make out the
impact of probable losses, to invent and implement viable recovery strategies, to
develop recovery plans which ensure continuity of organizational services in the event
of an emergency or disaster.
The main objective of the Business Continuity Plan is to extend and survive the
business in the event of disaster that might impact the business in significant ways
including local incidents like building fires, earthquakes, floods, hurricanes, or
national incidents like pandemic illnesses. Business Continuity Plan serves
organization to make a valuable recommendation and policies. These policies can
recover and restore partially or completely interrupted critical business units within a
stipulated time after a disaster or extended disruption.
How Business Continuity Plan can be Helpful?
The Business Continuity Plan is helpful for both big and small organizations. Any
organization to greater extent is dependent on many critical business units within its
organization for example IT Department, physical infrastructure. These units might hit
worst in an event of disaster. So it becomes important to restore and rerun the business
in fixed time frame. A Business Continuity Plan is more like an insurance against any
type of such disasters and ensures that key business functions continue. It is also
apparent that organizations that do not invest enough time and resources into Business
Continuity Plan are more at risk and may have impact on revenue loss, loss of
customers, permanent loss of shareholder value, etc.
We offer various exclusive Business Continuity Plan resources for organizations in
search of practical guidelines for Business Continuity Planning (BCP). These
templates will help hospitals, health plans and others to create their disaster recovery
plan at low cost. Also these resources can be of enormous aid to the organizations
looking ahead to comply with various regulatory authorities like HIPAA, SOX,