Business Continuity Management

Business continuity management ensures that, should any major disruption occur, your organisation has contingency plans in place and a pre-defined strategy to keep your business afloat.

Business Continuity Management
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The Key to a Successful Business Continuity Plan – Being Truly Prepared

Most companies and organisations undertake some type of business continuity planning. In the majority of cases, business continuity management systems are written down and filed for when disruptive incidents occur. However, can having a static business continuity plan that needs to be printed off and read through in the initial stages of an emergency really be referred to as “preparedness?”

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Implement Your Business Continuity Plan Successfully

The process of business contingency planning explains the action that you should take to maintain the business-critical activities. Business continuity policy usually involves mitigating the impact of loss, transferring risks or activities to a third party, or suspending the activity until the incident is over.

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Unify Your Business Continuity Management Systems

Many organisations are now implementing their business continuity management plans through digital solutions. By turning activities into digital tasks, they ensure easy access to the plan from anywhere and real-time monitoring of progress. Corrective actions can be adjusted ad-hoc and, throughout the crisis, activities and tasks are securely and comprehensively documented.

Stakeholders and other interested parties expect a speedy, planned response when an incident happens. Bringing contingency plans together under one system helps achieve that aim – and gets your business back on track as quickly as possible. A unified business continuity management response ensures flexibility and transparency in your activities and means management and stakeholders can easily receive updates when disaster strikes.

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Plan for an Effective BCM Strategy

In today’s ever-changing world, organisations need to implement business continuity plans at any time, day or night. To achieve this, companies should consider the four aspects of preparedness:

Emergency Planning

Having clear guidance for dealing with a crisis is vital. Key staff must be aware of business contingency plans in advance.

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Exercise and Training

Practice, practice, practice! Being familiar with emergency procedures means your business continuity managers will have the confidence and training to tackle any emergency situation.

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Disaster Recovery Templates and Flexibility

Preparing business continuity plan templates and checklists in advance saves time during an incident. They allow you to see the progress of the response and, where appropriate, make adjustments and ad-hoc decisions to improve your handling of the disruption.

Checklists for Crisis Management

Certification and Availability

Availability to Provide Constant Support

By digitising business continuity planning, guidance can be available across locations and via multiple devices – of particular importance if you need to implement a business continuity plan but do not have physical access to premises.

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Create Your BCM Strategy with F24

We are a reliable partner with guaranteed availability (over 99.5%) of our services. From all phases from risk assessments and planning to notification and management as well as documentation, find out more about the range of solutions F24 offers to support organisations with business continuity plans. Talk to one of our representatives today about your individual requirements.

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Identify and Minimise Risks for Successful BCM

By identifying key risks that may affect your mission-critical operations – information, inventory, personnel, and premises – you can make contingency plans to maintain business processes. By planning now, companies can get business back to normal business operations early, quickly, and efficiently – thereby minimising potential impacts and protecting investment.

Some examples of minimising business continuity risks are:

  • Storing additional supplies at another location (mitigation)
  • Documenting the skills employees have outside their normal duties to allow for redeployment (mitigation)
  • Identifying several suppliers of the same product/service (mitigation)
  • Backing up data and files to an external datacentre (transfer)
  • Relocating staff to other branches or premises owned by a third-party (transfer)
  • Mothballing production lines to concentrate on more urgent business (suspend)

The next step for business continuity management is to get back to normal day-to-day operation – or as close to normal operation as future circumstances allow – as quickly as possible. The disaster recovery plan should therefore:

  • Prioritise the order in which critical activities should be restored, the minimum efficiency level to be restored, and a timescale for restoring the service
  • Identify what resources are needed to restore activities and where resources can be sourced
  • Explain how these resources should be deployed

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