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Expense or Necessity? The Importance of Business Continuity

||Expense or Necessity? The Importance of Business Continuity

Expense or Necessity? The Importance of Business Continuity

When your Internet goes down are you able to still reach your email and continue working? Without a business continuity plan, the answer is probably no.

What is Business Continuity?

Business continuity is defined as the capability of the organization to continue delivery of products or services at acceptable predefined levels following a disruptive incident. This encompasses planning and preparation to ensure that an organization can continue to operate in case of serious incidents or disasters and is able to recover to an operational state within a reasonably short period of time. The goal of planning is to minimize the effects of a disaster and its ramifications immediately after the event occurs.

When a disaster happens, everyone is in “emergency mode” and scrambling to recover. You need a plan before it happens. 

Business Continuity Planning (BCP) is often called Continuity of Operations (COOP). It refers to the steps and planning needed to keep the business running during longer term outages while Disaster Recovery is taking place. Disaster Recovery may incur days or weeks of replacing lost or damaged systems, and without a BCP/COOP plan, your business is likely to be at a standstill.

For many, this would be an unsustainable loss that could lead to failure of the business or bankruptcy.

Make sure your business partners know you are prepared.

Reassure shareholders, board members and your lender of your readiness.

Review any and all contractual or compliance requirements to ensure you have fulfilled any requirements for a BCP to be in place.
What do you think a business continuity plan (BCP) means for your company? Let us know!

If you have questions about how to start planning your business continuity, give us a call at (256) 704-0234!

By |2018-06-02T17:46:31+00:00August 8th, 2016|Techni-Core Blog|0 Comments

About the Author:

Hi, everyone! My name is Jana Abbott Ricchetti, and I serve as Techni-Core's Team Lead, Project Manager for all IT and Cyber Security services, and Marketing/Business Development Manager. I am a graduate of Mississippi State University (Hail State!) with a degree in Communication Studies. I joined Techni-Core about four years ago. Over that time, I have worked with executive leadership to rebrand TCNS, expand service offerings, structure more successful and efficient compliance projects, and foster vendor relationships to serve all of our customers. The best part of my job is the reward of knowing that our services directly support the success of our customers - there is no better feeling! My customers are the bomb, and I am so honored that they trust me to manage their IT, Compliance, and Cyber services. I LOVE phone calls from customers, so give me a call any time you need anything - I am always happy to help.

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