How Do You Plan For Business Continuity Management?
Every business must hope for the best but prepare for the worst. Developing a business continuity plan could be legally mandated for specific companies as per agencies such as the Securities and Exchange Commission (SEC), the Occupational Safety and Health Administration (OSHA), the Food and Drug Administration (FDA), and the Environmental Protection Agency (EPA). In any case, every company, regardless of its size, needs a plan. Should the worst-case scenario happen, you must ensure that your business is back up and running after minimum downtime, posting maximum recovery from a natural disaster, a terrorist attack or an accident caused by human error. Identify risks that could affect your business the most in the event of a catastrophe. Evaluate your data security, telecommunications and power infrastructure, hardware/software backup, and internal structural safety such as water pipes and gas/chemicals piping and storage. Assess threats to physical security, which include violence at
