Why Business Continuity is so Important to Your Organization
No matter where you live in the world, natural disasters are always a threat. Hurricanes, tornadoes, earthquakes, blizzards, and flooding. Few areas are not susceptible to disasters. Unfortunately, many businesses dismiss the possibility of being affected by catastrophic events until it’s too late. Developing and maintaining a business continuity plan is essential to ensuring your company will continue to operate in the aftermath of a disaster.
What exactly is a business continuity plan?
Although it has some similarities to a disaster recovery plan, a business continuity plan is much different, and should not be overlooked. A disaster recovery plan focuses entirely on the recovery phase after a major incident. A business continuity plan helps your company continue with its operations and provides practical strategies to follow in the event of a crisis.
A typical plan includes a list of essential business requirements and the associated risks they pose to your organization if the elements become unavailable during a crisis. For example, if a server goes down, it’s essential to make sure you have a backup plan in place that allows your organization to operate. This plan should be tested and updated on a regular basis. The success of a continuity business plan relies directly on the relevancy and usefulness of the components that make up your program.
Why is a business continuity plan so important?
Any fault or failure that affects a business’s operations will cause trouble in some way or another. Large corporations can get around these incidents due to the massive amounts of capital spent on protecting every asset of their organization. However, small- to mid-sized businesses don’t often have the same preventative measures in place. When a small company has a failure, it usually slows down or completely stops production. In today’s competitive business environment, every second of productivity matters. If your company isn’t operating like usual, there is the significant risk of a complete shutdown.
Don’t get caught off guard if a disaster strikes your business. Contact All Copy Products today to put together a comprehensive business continuity plan that will keep your company up and running.