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Fire & Water - Cleanup & Restoration

6 Key Features of a Business Continuity Plan

12/14/2020 (Permalink)

Business impact analysis (BIA) on a office desk. Your business continuity plan needs to include an analysis of your business functions

6 Key Features of a Business Continuity Plan

Most emergencies happen without warning, leaving you to make critical decisions quickly and under a great deal of pressure. Having a business continuity plan in place puts your organization in the best possible position to handle the situation successfully. If you are in Lakeshire, MO, and you're ready to begin drawing up that plan, here are six key features to consider:

1. Scope, Objectives and Assumptions
Before you can lay out specific steps to follow, you need to know your end goals. What are your priorities? What requirements need to be met? How big is your risk appetite? Will your plans address the best and worst case scenarios of an emergency interruption?

2. Hierarchical Structure
Identify the chain of command, including the roles of team members and their responsibilities. Who will delegate tasks as part of your emergency response plan - and to whom? Who needs to be contacted outside of the business (vendors, clients, etc.)? Include contact information for each person on your team.

3. Business Impact Analysis
Your business continuity plan needs to include an analysis of your business functions and what the potential impact could be on each area in an emergency situation. What are strategies to mitigate loss and recover from any damage?

4. Downtime
You will need to determine how much downtime is acceptable for your business’s most critical functions. Who will report incidents and assess damage? Who will you contact if there is a need for water damage cleanup and restoration?

5. Continuity of Operations
Taking various emergency scenarios into account, you will need to decide how, when and where your organization will continue operating until the situation resolves. What are the procedures, logistics, resources and workarounds you will need?

6. Weaknesses
As you are laying out your business continuity plan, what areas could you streamline or improve upon in order to function better during an emergency? Are there any preventative steps you could take?

Though you can't predict emergencies and when they will happen, you can be prepared for them. Creating a well-thought-out plan now will help give your business the best chance of emerging successfully if disaster strikes.

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