BCP (Business Continuity Planning) 

BCP (Business Continuity Planning) is a process that enables a business to continue to operate in the wake of an unprecedented disruption to ordinary practices. This may take the form of any number of things, ranging from natural disasters to malicious cyber-security attacks, highlighting the importance of being prepared for anything. 

BCP plan 

At the heart of any business are its core components and functions, the things that allow it to flourish on a day-to-day basis. However, in the wake of major disasters, businesses need to be prepared to continue operating and rebuilding what has been compromised. 

Of course, the ultimate goal of all businesses, big and small, is to remain competitive by retaining current customers and continuing to grow their client base. However, after enduring adverse circumstances, a business’s ability to do these things is affected. 

Thus, with a strong BCP or BCDR (business continuity and disaster recovery) strategy in place, businesses ought to be able to withstand even the most destructive situations and cyber-security attacks by means of following instructions that relate to dealing with, among other things, human resources, assets, business processes, and business partners. 

What is a business continuity plan? 

The primary aim of a successful BCP is to minimize potential losses to the business after experiencing an unfortunate event or enduring unfavorable circumstances. Depending on the business, these losses may be incurred in different forms: 

  1. Legal 
  2. Financial 
  3. Regulatory 
  4. Reputational 

Given the possibility that businesses may experience all of the above – this is precisely what BCP serves to avoid. Therefore, an essential component of BCP is a Business Impact Analysis (BIA). This includes evaluating your business’s main processes, its potential weaknesses and vulnerabilities, and, ultimately, the losses you may face as a consequence. 

This will help you determine which processes are essential in the operation of your business and the order in which they ought to be prioritized in the wake of a disaster. Furthermore, with strong BCP, you may be able to strengthen current vulnerabilities to lessen the blow of future disruptions. 

How does BCP work? 

It is of the utmost importance that Business Continuity Management (BCM) applications are developed in order to protect businesses and their operations. A BCM application is a software tool that will allow a business to develop a robust plan and ensure that it is implemented effectively. 

Producing a BCP plan ought to be broken down into a series of steps that will allow you to ensure that you have covered all your bases and are adequately prepared for a plethora of potential scenarios.  

  1. Evaluate the scope of your BCP plan 
  2. Highlight key areas of your business 
  3. Determine your business’s most critical functions 
  4. Identify the ways in which specific business functions and areas are dependent on each other 
  5. Agree on a realistic amount of time that the business would be able to manage without each function 
  6. Draw up a detailed plan on how to maintain business operations in the midst of adverse circumstances 

In addition to conducting efficient BCP, it is essential that communication is prioritized both in preparation of and during crisis management. Protocols for such communication ought to be established so that there is no delay in implementing business continuity strategies. 

In order to ensure business continuity in times of trouble, a few general solutions may be applicable and ought to make up part of your BCP: 

1. The plausibility of working remotely and having digital workspaces 

In the case of an unprecedented disaster, a business’s ordinary working environment may be compromised, requiring employees to work remotely while continuing to communicate effectively. 

2. Backing up data and recovery from disaster 

The risk of data being lost or the provision of services being compromised is a possibility in many different types of disasters that companies may face. Thus, it is of the utmost importance that companies constantly back up data and have access to software that allows a business to restore it and return to normal functionality as soon as possible.  

3. Virtual Desktop Infrastructure (VDI) 

VDI will provide employees with remote desktop access, including important business applications, when systems are compromised or when they are not able to access office computers. 

4. Virtualization and Cloud Infrastructure 

While this is not necessarily a viable option for all businesses, some will utilize the cloud to back up important data and infrastructure in an attempt to minimize the risk of a total loss of data. 

Testing your BCP 

Conducting BCP ought to be an ongoing process that is constantly being re-evaluated as the company grows and evolves. It also plays an essential role when the business environment undergoes transformations and brings about new potential threats.  

Contact Sangfor today to find out how we can help you conduct personalized BCP to ensure that you are prepared to combat any adverse circumstances your business may run into. 

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