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7 Steps to Establishing a Sound Business Continuity Strategy 

MHA Consulting

Follow these seven steps to implement a BC strategy that can help you swiftly recover your business processes in the event of an outage. A good BC strategy can help you swiftly recover your critical business processes in the event of a disruption, identify gaps that need to be remediated, and determine what training is necessary.

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The Times They Are a-Changin’: Adapting to Change as a BCM Professional

MHA Consulting

Organizations now have to contend with a heightened risk of drought, flooding, heat waves, wildfires, hurricanes, political unrest, global conflict, cyberattack, power outages, active shooters, supply chain disruptions, pandemic, social-media impacts, and all the rest. Artificial intelligence is coming to BC.

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What Does a Business Continuity Plan Typically Include? [Complete Guide]

LogisManager

It’s important to actively invest time and energy into preparing for any potential risk before a potential event of a disaster so that if or when it does, your BCP directs you to the necessary resources to return to business as usual. Be sure to implement strategic mitigations as part of your business impact analysis.

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How Often Should A BCP Be Reviewed?

LogisManager

As a result, you’ll be able to better allocate the necessary resources and ensure that backup strategies are in place to maintain basic operations following a loss or outage. Housing everything in one centralized program allows you to quickly and easily navigate to the right resources amidst an emergency event. Mitigate with purpose.

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Disaster Recovery Plan vs. Business Continuity Plan: Is There a Difference?

Diligent

But while definitions may diverge slightly, the general understanding is that a business continuity plan (BCP) is designed to ensure that your business can maintain its operations in the event of a disaster, whatever form that might take. Central to this is the need to maintain accurate information on all your entities and subsidiaries.

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Unlocking the Truth: Navigating 20 Myths About Business Continuity

Erwood Group

Additional threats such as cyber-related events, supply chain disruptions, and human-related incidents are equally critical. Once you know your critical functions you should also conduct a risk assessment and then a business impact analysis that allows you to properly assess situations that could negatively impact your business.

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Risk Assessment, BIA, SLAs, RTOs, and RPOs: What’s the Link? MTD and MTDL

Zerto

Risk assessment, business impact analysis (BIA), and service level agreement (SLAs) are indispensable to the development and implementation of business continuity and disaster recovery (BCDR) plans. Differentiating Between Risk Assessment (RA) and Business Impact Analysis (BIA). What Is a Business Impact Analysis?