article thumbnail

BCP vs. DR Plans: What Are the Key Differences?

Zerto

The outcome of that planning process is the business continuity plan, or BCP. ” The BCP is a master document that details your organization’s entire prevention, mitigation, response, and recovery protocols for all kinds of threats and disasters. .” The purpose and scope of the BCP. The same goes for the DRP.

BCP 95
article thumbnail

Business Continuity Planning for the Retail Industry

everbridge

When a critical event occurs, a Business Continuity Plan (BCP) documents the procedures and resources each department within an organization will use to keep the business impact to a minimum. A BCP is vital for the retail sector for several reasons. A retail BCP should focus on the following essential aspects of business: Customers.

Retail 142
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Crisis Management Preparedness Matters

everbridge

And, according to management consultancy McKinsey , between 2010 and 2017, the name of a Forbes-recognized top 100 company appeared in headlines together with the word “crisis” 80 percent more often than in the previous decade — and those are just the organizations that made the news. What Is Crisis Management Preparedness?

article thumbnail

Mastering Business Continuity Exercises: Best Practices, Scenarios, and Tools for 2025

BCP Builder

These exercises identify weaknesses in a BCP, enhance employee preparedness, and ensure compliance with industry standards. Leverage Technology: Use tools like crisis management software to streamline the process. How to Build a Resilient Business Continuity Plan Integrate the insights gained from exercises into a robust BCP.

article thumbnail

Crisis Management Case Study – Leading Financial Risk Management Organization

MHA Consulting

The organization is highly regulated and must meet stringent Business Continuity Planning (BCP) guidelines for financial institutions as well as those of its customers.

article thumbnail

Business Continuity and Crisis Management

BCP Builder

When does the Crisis Management team let go and the Business Continuity team take over? I think these two teams need to work together from the outset, but there is a point where the “lead” is handed over from Crisis Management to Business Continuity. Crisis Management is a controlling discipline.

article thumbnail

Business Continuity and Crisis Management

BCP Builder

When does the Crisis Management team let go and the Business Continuity team take over? I think these two teams need to work together from the outset, but there is a point where the “lead” is handed over from Crisis Management to Business Continuity. Crisis Management is a controlling discipline.