Business Continuity Plan (BCP)
What is BCP?
Business continuity planning (BCP) is the process a company undergoes to create a prevention and recovery system from potential threats such as natural disasters or cyber-attacks. BCP is designed to protect personnel and assets and make sure they can function quickly when disaster strikes
Why is it Important?
A comprehensive business continuity plan forces leaders to review the weaknesses and threats to their organizations from a detached perspective. While few business leaders want to focus on negative "what if" questions, the process of creating a continuity plan can raise concerns about employee development, real estate selection and intellectual property security. Tight plans can assure teams that company leaders understand how to turn on a dime during challenging times.
Want to find out more?