A Business Continuity and Disaster Recovery Plan is an internal strategy of a business that contains measures the company will take to continue their regular operations in the event of a major disruption - for instance, forces of nature or operational disasters. When the company goes through a difficult moment, the executives and administrators must demonstrate their leadership qualities and preparedness to assume responsibility not only for their subordinates but also for the entire company.
You can download a printable Business Continuity and Disaster Recovery Plan template through the link below.
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The goal of various departments and employees in charge of these plans must be to make sure the entity withstands the damage so do not limit yourself to drafting strategies, you have to run tests to see whether the company is ready for a quick recovery: identify the problems you may face in case of a power outage, see how well the departments can work together without the usual ways of communication, and prepare to notify customers, suppliers, and business partners about possible disruption.
The company management should prepare both the Disaster Recovery and Business Continuity Plan at the same time and often implement the procedures simultaneously. Both concepts focus on getting the organization back to where it was before the issue occurred and may overlap. For instance, after a flood happens, the Disaster Recovery Plan should assist the managers in getting all the employees out of the building as soon as possible and obtaining a replacement for equipment, supplies, and goods, while Business Continuity means finding a safe place for the employees to work from. Yet, there are crucial differences between these two notions:
A proper BCDR Plan will include the list of the company leaders entrusted with enforcing the protocols and their contact information, roles and duties of every administrator and employee, description of communication methods in case the traditional calls or messages are impossible, the hierarchy of the management and provisions that prescribe the delegation of authority, requirements and strategies to keep the business afloat - relocation to safety, recovery of equipment and paper records, assessment of the damage, and approximate schedule the company should follow to go back to the way things were. You should refer to your insurance policy as well - the payout you will receive will help you to restore the business and keep your financial security.
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