Additional benefits include improvement in overall organizational efficiency and identifying the relationship of assets and human and financial resources to critical services and deliverables.
An example would be the business impact analysis component of a BCP program.
Critical services or products are those that must be delivered to ensure survival, avoid causing injury, and meet legal or other obligations of an organization.
Although they differ in goals and functions, BCP can be applied by all organizations.
A Business Resumption Plan describes how to resume business after a disruption.
A BCP includes both risk evaluation, management and control and effective plans, measures and arrangements for business continuity.
Continuous risk management lowers the risk of disruption and assesses the potential impacts of disruptions when they occur.
Business Continuity Planning is a proactive planning process that ensures critical services or products are delivered during a disruption.
A Business Continuity Plan includes: Having a BCP enhances an organization's image with employees, shareholders and customers by demonstrating a proactive attitude.
If a business function or process is inoperable, how long would it take before additional expenses would start to add up?
How long could the function be unavailable before extra personnel would have to be hired?