Many businesses invested heavily on continuity planning in preparation for the Y2K bug. But when the bug failed to bite, general perception on business continuity planning (BCP) gradually saw it as nothing more than an expensive, inconvenient exercise. However, situations like USA’s Katrina and 9/11, the threat of an H1N1 pandemic, and Europe’s unusual winter in 2010-2011, now stand as wake up calls.
Having a BCP (Business Continuity Plan) cements your business’ chance of survival if any similar event should directly affect you in the future.
In the aftermath of 9/11 alone, nearly 50% of the affected businesses were not able to rise from the rubble. Not surprisingly, those that had well-organized business continuity plans made it through and were operating again in just a few days.
If you’d like to transform your enterprise into one that’s well equipped to continue doing business right after a disaster, here’s what we can do to help you undertake that transformation:
- Set up your BCP Committee and define its functions. The BCP Committee will then serve as the link between us and your entire organization.
- Perform Business Impact Analysis (BIA) to
- Identify the critical functions, services, and products of your organization
- Define the minimum acceptable delivery level and maximum duration of downtime for each critical function, service and product. This will enable us to rank them by order of priority.
- Identify areas that may suffer revenue loss and the possible extent of each.
- Determine what it would take to bring each critical point back up.
- Work with your BCP Committee to come up with a documented continuity plan. The plan will range from threat and risk mitigation strategies to the blueprint for the operation of an alternate facility.
- Implement data replication. Not only will this guarantee data security at all times, it will also promote load balancing and faster transaction processing.
- Initiate and help maintain readiness across all levels in your organization by conducting the necessary trainings and exercises.
- Introduce quality assurance techniques to see to it that your BCP remains updated and relevant. We’ll help you formulate your own internal review and conduct our own external audits. Our reviews and audits are specially designed for minimal interruptions and maximal coverage.
We can also assist you with the following: