Create and Update Your Business Continuity Plan

Create and Update Your Business Continuity Plan

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Join us: Tue, Jan 29, 2019 10:00 AM - 11:00 AM EST

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Webinar Description

When business is disrupted, it can cost money. Lost revenues plus extra expenses mean reduced productivity, less efficiency and lower profits. Insurance does not cover all costs and cannot replace customers that defect to the competition. A business continuity plan to continue business is essential. This webinar will focus on how to create and update your business continuity plan, with a special emphasis on IT systems and data.

Development of a business continuity plan includes four steps:

  1. Conduct a business impact analysis to identify time-sensitive or critical business functions and processes and the resources that support them.
  2. Identify, document, and implement to recover critical business functions and processes.
  3. Organize a business continuity team and compile a business continuity plan to manage a business disruption.
  4. Conduct training for the business continuity team and testing and exercises to evaluate recovery strategies and the plan.

Information technology (IT) includes many components such as networks, servers, desktop and laptop computers and wireless devices. The ability to run both office productivity and enterprise software is critical. Therefore, recovery strategies for information technology should be developed so technology can be restored in time to meet the needs of the business. Manual workarounds should be part of the IT plan so business can continue while computer systems are being restored