Getting to Grips with Business Continuity
- Topics:
- Contingency Planning
- Source:
- Global Treasury News
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Overview: BCP has evolved into business continuity management (BCM), a process that is driven from the top of the organisation. Business analysis is critical to the BCM process, providing a basis upon which all subsequent policies and practices are based. The initial stage is to understand the business, establishing what is vital for its survival. The BCP should define the business continuity procedures, covering the mission-critical process and functions of the firm. The BCP may include the general introduction and overview; objectives, responsibilities, exercising and maintenance, plan invocation, including disaster declaration, damage assessment, continuity actions/procedures, team organisation and responsibilities, emergency operations centre, communications, including who should be informed, contacts and key messages; and suppliers, including a list of recovery suppliers, and details of contract provision .
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Format: HTML | Date: Feb 2001 | Pages: 1
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