Business Continuity Planning (BCP) practices have been around for many years; however, unless required to by a specific management action, customer mandate, or applicable regulation, many have dragged their heels when it comes to implementing formal business continuity processes across their organization.
Organizations that have not adequately planned for disasters are often forced into reactionary efforts and not able to prioritize clients, employees, and revenue-based focuses. Only after an earthquake, data breach, government shutdown, or similar disruptive event occurs do companies find themselves asking:
- How can we verify the safety of our personnel and assets?
- Who do we need to contact?
- What are our immediate next steps after the next 48-72 hours?
- How do we resume business as usual?
Answers to those questions require taking a holistic view of your organization and gathering data across all business lines, including executing detailed assessments across the organization, identifying roles and responsibilities, providing education and training for personnel, reviewing Information Technology (IT) infrastructure, and most importantly gaining management buy-in.
The effort required to implement BCP and Disaster Recovery (DR) processes is significant. Evaluating your existing environment and existing gaps can be an intimidating task, especially if you need to also undertake appropriate and feasible remediation actions.
Aronson’s Risk Advisory team has decades of experience in dealing with BCP evaluations, assistance with BIA, drafting BCP/DR policies and procedures, and consulting on remediation actions to get your organization BCP ready. We offer a wide range of services designed to assist you in achieving your BCP/DR needs.