Business Continuity Planning: Ensuring Your Business Survives Disruptions
Business continuity planning (BCP) is an essential, yet often overlooked, aspect of running a successful enterprise. BCP involves developing systems of prevention and recovery to address potential threats to a company. Whether you run a small local business or a multinational corporation, developing a comprehensive business continuity plan can mean the difference between recovering from a disruption and closing your doors for good.
These threats could range from a small-scale event like a power outage to a large-scale disaster like a flood, pandemic, or cyberattack. Even though such events are unpredictable, by anticipating potential threats and creating plans to mitigate them, businesses can ensure they maintain operations or at least minimize downtime.