Why and How To Create a Business Continuity Plan
A wide variety of vulnerabilities in your business may lead to loss of income and customer loyalty when a disaster occurs. A business continuity plan, also referred to as an emergency response plan is a technique you may use to identify and prepare for potential problems, keeping your activities running with the least disruption possible.
5 Steps To Create a Plan
To make the process easier, the creation process is broken down into five steps. Consider each part with your business’s needs.
1. Business Impact Analysis: This is a questionnaire that allows you and your managers to assess potential emergencies and the materials required to deal with them. Preparation, distribution and evaluation of results are usually necessary elements of this first step in your business continuity plan.
2. Recovery Strategies: These are plans that allow you to analyze resource needs, the gaps between the required resources and those currently available, managerial choices of strategies to be used and action on those decisions.
3. Plan Development: This is the laying out of the actual emergency response plan, the arrangement of teams to implement recovery from the disaster, production of documentation and approval by management.
4. Training: This is the preparation of the team responsible for continuity actions.
5. Testing and Exercises: This is the creation of training and evaluation materials, which are then tried and implemented.
Value of the Plan for Your Business
An emergency response plan provides a clear, deliberate and well-thought-out way to deal with potential disasters at your business facility. Employees and management should be trained in the procedures that should make a crucial difference in the rapid recovery of your business.
Guidance in Developing Your Plan
There are online materials that provide detailed information on how to create your business continuity plan. Some of these materials are aimed at specific types of emergency services available in Pearl River, LA, such as IT repair or commercial water damage mitigation.