Business continuity planning is not an alien concept anymore. In recent times, we have witnessed many events that only intensify the need for continuity planning. Examples include natural calamities like hurricanes, floods, wildfires, events like terror attacks, or even pandemics like the recent Covid-19 outbreak.
While a business continuity plan cannot completely safeguard your company from all these events. It can certainly minimize the damage inflicted on your business. Top business consultants urge their clients to develop a continuity plan. They consider it a part of the best practices for running a business. In addition, a continuity plan can make the difference between survival and shutdown of a company during a crisis.
What is business continuity planning?
Business continuity planning is the process of creating a blueprint that helps your business respond and recover effectively from an unforeseen mishap. As discussed before, an unexpected event could range from natural disasters to pandemics. Or even accidents that affect just your place of business. Examples of this would be a fire or a cybercrime attack directed at your business in particular–basically, any event that can paralyze your business. A continuity plan serves as a step-by-step guide that you can follow during an emergency to keep your business running smoothly.
True, this type of plan is not a sure-shot method to survive a crisis. It won’t instantly eliminate the impact of the disaster, but it gives you the best chances of survival. If you are unsure what a good business continuity plan entails, you can reach out to a reputable MSP, like Wahaya IT, to help you prepare and implement one.
