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Over time, enterprises, institutions, and organizations will face disasters that could temporarily or permanently disrupt their operations. These events could be man-made (industrial sabotage, cyber-attacks, workplace violence) or natural disasters (pandemics, hurricanes, floods), etc. What is a Business ContinuityPlan?
One of the plans that can be used is NFPA 1660, Standard for Emergency, Continuity, and Crisis Management: Preparedness, Response and Recovery, which provides guidelines for creating, implementing, assessing, and maintaining effective disaster/emergency management and business continuity programs.
Related on MHA Consulting: All About BIAs: A Guide to MHA Consulting’s Best BIA Resources The Importance of Testing and Exercises In case you missed it, MHA CEO Michael Herrera wrote an excellent blog last week called, “The Top 8 Risk Mitigation Controls, in Order.” Unfortunately, it’s a tool that most companies neglect.
The reality for your business and a conversation that needs to be brought to the forefront is to secure your Business ContinuityPlan (BCP). LEARN MORE about Microsoft Tools for your BCP Plan Are you testing your BCP (at least annually)? Being prepared will mitigate the impact on your business and reduce downtime.
Related on MHA Consulting: All About BIAs: A Guide to MHA Consulting’s Best BIA Resources The Importance of Testing and Exercises In case you missed it, MHA CEO Michael Herrera wrote an excellent blog last week called, “The Top 8 Risk Mitigation Controls, in Order.” Unfortunately, it’s a tool that most companies neglect.
What is business continuity? It is disasterpreparedness for business. Just in case, here is a video by the Business Continuity Institute (BCI) explaining what business continuity is. Business Continuity Strategies. Plan Development and Implementation. There you go. Risk Assessment. Incident Response.
Such a program must focus on the detailed assessment of key risks to the supply chain and the creation of mitigation strategies that limit their impact on a company’s ability to satisfy its customers. How Did We Get Here? To better prepare an organization for the future, it is important to reflect on events in the past.
It’s always been important for BC professionals to be aware of the adverse weather that might impact their people, technology, and facilities and to take steps to mitigate them. By the same token, it’s always been important for organizations to regularly review and update their threat assessments and recovery plans.
For 2021, the theme aligns with President Joe Biden’s Executive Order on Racial Equality and has strategies that include ways to empower diverse communities that have often been underserved when it comes to disasterpreparedness.
They have crisis management plans in place, but they also dig deeper, look farther ahead. Consider that during the pandemic even organizations with thorough business continuityplans struggled. Most organizations do not connect resilience planning with their long-term investment strategy.
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