What is a Business Continuity Plan?

May 12th, 2020
What is a Business Continuity Plan?

COVID-19 took the nation by surprise and had many businesses scurrying to maintain safe business operations as their employees had to work from home. The commonwealth is getting ready to re-open, therefore, businesses need to consider the safest course of action for their employees to return to normal office operations.

With the unknown of whether or not COVID-19 will return this fall, it is imperative business leaders have a plan in place to ensure their company transitions safely back and forth between working remotely and working in the office. Therefore, a Business Continuity Plan (BCP) is essential. Even those businesses with a BCP are having to restructure their plan during the COVID-19 pandemic.

With 92% of companies working from home, a quarter of all businesses are developing their first Business Continuity Plan in response to the pandemic. 51% of businesses around the world do not have a Business Continuity Plan.

WHAT IS A BUSINESS CONTINUITY PLAN?
A Business Continuity Plan is a document that outlines how a business will continue operating during an unplanned disruption in service. It is more comprehensive than a Disaster Recovery Plan and contains contingencies for business processes, assets, human resources, and business partners. This plan covers all aspects of the business operations and assets in an effort to protect the integrity of the business.

If your business does not have a Business Continuity Plan, begin by determining your business needs, processes, and which areas are vulnerable. During this time of business uncertainty, NDSE can work with you to ensure your business IT systems remain operational before, during and after a crisis