Key Components Of A Continuity Business Plan

The most basic purpose of a continuity business plan is to keep essential functions up and running during a disaster and to recover with as little downtime as possible. Here are key components of a continuity business plan:

• Resilience – An organization can increase resilience by designing critical functions and infrastructures with various disaster possibilities in mind; this can include staffing rotations, data redundancy and maintaining a surplus of capacity.
• Recovery – Setting recovery time objectives for different systems, networks or applications can help prioritize which elements must be recovered first. Other recovery strategies include resource inventories, agreements with third parties to take on company activity and using converted spaces for mission-critical functions.
• Contingency – A contingency plan has procedures in place for a variety of external scenarios and can include a chain of command that distributes responsibilities within the organization. These responsibilities can include hardware replacement, leasing emergency office spaces, damage assessment and contracting third-party vendors for assistance.

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