What are the 3 elements of business continuity?
Three Key Components of a Business Continuity Plan
What is a business continuity template?
A business continuity plan is a written document outlining how a business will operate during an emergency. The Department of Homeland Security (DHS) provides employers with a business continuity plan template. Identify, document and implement to recover critical business functions and processes.
What is a business continuity plan checklist?
Similarly, a business continuity plan (BCP) checklist outlines a set of procedures that take place before, during, and after each of those scenarios to minimize interruptions and keep things as close as possible to “business as usual.” The goal of the checklist is to improve organizational readiness and aid in your
Of the three major types of BCP tests (paper, walk-through, and preparedness), a walk-through test requires only that representatives from each operational area meet to review the plan.
In order to achieve this, every business continuity plan needs to incorporate five key elements.
ISO 22301 provides a framework to plan, establish, implement, operate, monitor, review, maintain and continually improve a business continuity management system (BCMS). It is expected to help organizations protect against, prepare for, respond to, and recover when disruptive incidents arise.
These include but are not limited to:
The plan must identify relevant risks that could cause issues, be they cyber attacks, internal vulnerabilities, weather events or technological problems. Each identified risk should be accompanied with a set of temporary measures or quick fixes that ensure the most important business operations remain functional.
A business continuity plan (BCP) is a document that consists of the critical information an organization needs to continue operating during an unplanned event. The BCP should state the essential functions of the business, identify which systems and processes must be sustained, and detail how to maintain them.
Ideally, each business unit leader will exercise direct oversight and responsibility using his or her knowledge of their department to make sure their business continuity plan is completed and carried out. The actual “doing” of creating the plan is sometimes delegated to business unit team members.
Develop a review schedule
All critical functions should review and update their plans, if necessary, every six months. All other functions should perform an annual review and update of their plans every 12 months.
Your business continuity plan should be reviewed when any of these situations apply. How often you should review your plan is another question organizations often ask; cio.com recommends that you “Bring key personnel together at least annually to review the plan and discuss any areas that must be modified.”