In business, as in life, it’s impossible to predict when disaster could strike. Imagine for instance a flood spreading into a business district. Businesses could lose power for weeks, or suffer permanent damage to their business infrastructure.
So all risk managers need to ask themselves, in scenarios like this, does the business need to completely move shop immediately? Do you shut down until things are operational again, or does the business have the project management and business continuity pre-planned for such disasters?
A Business Continuity Plan helps you prepare for disruptions in business activities, in case of uncontrollable internal or external events. It details a process and strategy to help employees respond to operational disruptions, communicate effectively and continue being productive with their time
But preparing a business continuity plan from scratch can be a daunting task. Luckily you can use this Complete Business Continuity Toolkit from Global Risk Academy.
GlobalRisk Community have just literally scratched the surface of what you can achieve. We analyzed dozens of best practices, policies and procedures of both leading financial institutuions and corporates and we created the GRC Business Continuity toolkit.
Meets compliance requirements SOX, ITIL, FFIEC, BS25999, ISO 17799/27001 and more