Business Continuity Planning? What is it all about, is it requirement for any process & operation in any Organization?

Business Continuity Planning.

BCP as it is called is used in every organization be it service, manufacturing, IT, BPO industry etc.

• Business Continuity planning is one of the paramount subjects to be addressed in any operation/process team.

• Objective of BCP:

- Reduce the vulnerability in a team

- Plan for recovery of business process

- Determine the effect of unavailability (human, tool, service)

- Preparing and equipping the stand-by (human, tool, service)

- A working document detailing all processes and procedures by preparing (SOP) standard operating procedure documents.

• Key areas in a BCP

- Roles & responsibilities (Individual/Team)

- Action lists (Individual/Team)

- Reference data (Where information is be available)

- Induction plan for teams/process (Training, Knowledge sharing)