StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Business Continuity Planning - Essay Example

Cite this document
Summary
The information technology has broadened the scope of business operations across borders. Many vital industries and businesses are focused on…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER94.2% of users find it useful
Business Continuity Planning
Read Text Preview

Extract of sample "Business Continuity Planning"

BUSINESS CONTINUITY PLANNING by Aaaa Bbbb July 2008 The modern world has evolved in such a way that it has become a global village where all countries have become dependant on each other. The information technology has broadened the scope of business operations across borders. Many vital industries and businesses are focused on developing global presence in order to survive. Non profit, charity and government organizations may survive on their own resources during any crisis due to their inherent support or backup, but the private and corporate players have to indulge in pre planned strategies in order to keep their business in a continuous state of activity and delivery in order to survive in the fiercely competitive world.

Thus there has emerged a need for ‘Business Continuity Planning’ (BCP).Any natural or unnatural disaster can always disrupt a business activity either for a short or a longer duration. It has now become essential to foresee such eventualities and have concrete plans to handle such situations. One of the prime examples of such a scenario was the terrorist activity in which the World Trade Centre was destroyed in New York which posed an immediate threat to the business concerns in that location.

However many of the organizations in the area had adequate backup and continuity plans in place which helped them to recover (Safeguard). An ideal BCP begins by identifying the ‘applications, customers and the locations which an organizations needs to keep functioning in face of any disruption and the time frame involved in the execution of the backup plan’ (Mphasis). The identified applications and services need to be delivered continuously even during the disruptive phase and any good BCP endeavors to pre plan and enforce such infrastructure, regulations and methods without fail under continuous supervision and testing.

Resources in order to achieve continuity need to be identified and categorized according to priority beforehand. Such resources must include ‘personnel, finance, information, equipment, legal counsel, accommodations and infrastructure protection (Safeguard). A good BCP plan in force enhances the reputation and the confidence within as well outside a business organization.BCP is initiated by a special governance sector or an exclusive department in the organization which takes overall control for planning, finance, execution, auditing and testing of the program.

It conducts a ‘business impact analysis to identify the organization’s mandate and critical services or products’ (Safeguard). It then prioritizes different activities according to merit and then makes plans to ensure their continuity. Disasters and disruptive forces are identified and the current recovery capabilities are analyzed and reinforced or incorporated into the BCP if they are found adequate. Exclusive teams are made and trained to be in ready preparedness for any eventuality.

Such teams are prepared to cover all pre visualized aspects such as ‘mechanical, financial, insurance, salvage, transport, communication and computer data related, etc’ (Safeguard). The readiness and capability of such teams is continuously monitored both internally as well externally by auditors. Research and analysis are a continuous process in any good BCP. The constituent groups or teams in a BCP are regularly trained in the latest developments and techniques of their respective departments which are followed by exercises in order to achieve a high level of competence.

Adequate backup of critical data and duplication in alternative safe locales is a vital aspect of any BCP. Data security and maintenance should be ensured and there should be a high degree of connectivity and rapid shifting of activity to alternative locales in face of any eventuality. Most BCP programs are based on team responsibility where designated teams are responsible for the recovery and maintenance of vital aspects of the organization. The process of recovery is very systematic with a known and well defined sequence of actions to be followed.

It is defined exactly and in accordance with the organizations’ mandates (Mphasis). Mock exercises are an ongoing activity to test the scope of any lacunae in the applied plans and necessary changes are incorporated if any flaws are noticed. Disasters are classified precisely based on the seriousness of the threat they pose to the organization and recovery plans prepared accordingly.BCP is now a very well recognized aspect in most organizations in the developed as well as the developing countries and great emphasis is laid on its implementation.

Works CitedMphasiS Disaster Recovery/Business Continuity Plan, Available online at: www.mphasis.com/pdfs/MphasiS_Business_Continuity_Plan.pdf Safeguard, A Guide to Business Continuity Planning, Office of Critical Infrastructure Protection and emergency Preparedness, Government of Canada, Available online at: getprepared.gc.ca/_fl/bcont_e.pdf

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Business Continuity Planning Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Business Continuity Planning Essay Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/miscellaneous/1547209-business-continuity-planning
(Business Continuity Planning Essay Example | Topics and Well Written Essays - 500 Words)
Business Continuity Planning Essay Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/miscellaneous/1547209-business-continuity-planning.
“Business Continuity Planning Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/miscellaneous/1547209-business-continuity-planning.
  • Cited: 0 times

CHECK THESE SAMPLES OF Business Continuity Planning

Business Continuity Planning in a Large Retail Supply Chain

In the paper “Business Continuity Planning in a Large Retail Supply Chain,” the author focuses on retail supply chains because he has worked in retail sales for about fifteen years.... Opening Statement: Business Continuity Planning in large retail supply chains is not thorough enough.... This paper will be geared towards professionals in both business continuity and retail management.... In order to protect this process, businesses have to look at the end-to-end supply chain process and build a business continuity Plan (BCP) that covers all parts of it....
9 Pages (2250 words) Assignment

Disaster Recovery and Business Continuity Planning

Institution Date Disaster Recovery and Business Continuity Planning Disasters and emergencies are occurrences that are synonymous to our environments.... Disaster Recovery and Business Continuity Planning Disasters and emergencies are occurrences that are synonymous to ourenvironments.... To ensure easy recovery and smooth business continuity, businesses also need to insure their operations with reputable insurance companies if possible, more than one and located in different areas....
3 Pages (750 words) Essay

The National Bank of Canada Priority

Thus, Business Continuity Planning (BCP) is their topmost… BCP “is a must in an organization's overall efforts to prepare for, respond to, and continue or restore operations following a disaster” (Kildow n.... To guarantee that their products and services will be available during disruptive events/ hazards, NBC provides this Business Continuity Planning Policy.... All the governance structures of NBC must adhere to these policies including the Office of the President, bank's management, and business units (i....
4 Pages (1000 words) Research Paper

Shared Practice: Business Continuity Planning PART II

On what is lacking in the organization we both mentioned the absence of 1062515 - SHARED PRACTICE: Business Continuity Planning PART II Response to JOVANI MORALES We shared in the same risk area faced by Engro, which had to do with loss of data.... On what is lacking in the organization we both mentioned the absence of integration, which is very crucial for achieving business continuity (quote).... The rationale for expanding it from financial data is that in most of the cases, organizations such as Engro have volumes of important business data that go beyond financial data....
1 Pages (250 words) Assignment

Importance of Sound Business Continuity Planning

This paper "Importance of Sound Business Continuity Planning" focuses on the fact that Business Continuity Planning is the process of planning and preparing by an organization to ensure the maintenance of critical functions or resumes operations in a very short time during or after disruptions.... nbsp;  There are numerous benefits derived from Business Continuity Planning including increasing the ability of the firm in avoiding problems in the business environment to the highest level possible....
1 Pages (250 words) Essay

Business Continuity Planning in a Large Retail Supply Chain

The paper "Business Continuity Planning in a Large Retail Supply Chain" focuses on professionals in both business continuity and retail management.... Business Continuity Planning in large retail supply chains is not thorough enough.... In order to protect this process, businesses have to look at the end-to-end supply chain process and build a business continuity Plan (BCP) that covers all parts of it.... To begin with, the study presumes that both upstream suppliers and downstream, consumers directly affect the continuity of the retail supply chain....
8 Pages (2000 words) Research Paper

The Chronological Timeline of Events that Led to the Libya Crisis 2011

he Business Continuity Planning is an essential part of business continuity in the sense that it acts as a disaster recovery plan.... he Business Continuity Planning was initiated with the development of an independent standard by the British Standards Institution (BSI) in December 2006.... Business Continuity Planning for Data Centers and Systems: a Strategic Implementation Guide.... Business Continuity Planning: Protecting Your Organizations Life Best Practices....
3 Pages (750 words) Coursework

Security and Emergency Management in Building Business Continuity Planning

The research is about the aftermath of the decision taken when the company is struck by a sudden disaster (fire)....
6 Pages (1500 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us