The same is true for the community of business continuity specialists: many professionals “accidentally” end themselves in disaster recovery or business continuity! Since 9/11, the significance of business continuity management has quickly expanded.With each new wave of natural, unintentional, or deliberate disasters, more businesses gather to talk about their business continuity strategies.
In the past six years, the number of businesses that have created formal business continuity plans has nearly tripled, according to a survey conducted by the Security Services practice of Deloitte & Touche LLP and the CPM Group. More than 83 percent of these businesses claim that they now have formal BC plans. Other recent research, though, are not quite as upbeat.
Organizations may recognize the value of developing a business continuity plan, but that does not mean they are employing a qualified business continuity specialist (BCP). The same Deloitte poll revealed that 27% of businesses had no or fewer than one full-time equivalent person who was solely responsible for business continuity.
This indicates that the BCP has responsibilities outside of business continuity and probably did not intend to be a BCP. Instead, because they possess a certain skill set, many are picked from within their businesses. Rather than being a part of one’s chosen career path, many BCPs “accidentally” enter the profession and are forced into the role.The outcome is a challenging learning curve.
BCPs are in charge of detecting business continuity plan vulnerabilities and managing tactical business continuity efforts for their enterprises. They must possess a broad skill set that enables them to oversee all business continuity initiatives and design, coordinate, administer, and evaluate a BC program. Business continuity management, which evolved from IT disaster recovery planning in the 1980s, is more than merely recovering from a data-related issue.
Aside from supply chain failures, workplace violence, the pandemic flu, fraud, and reputational harm are all involved. Along with response and recovery, it is also about prevention and communication. A BCP must actively foresee numerous incidents that would have a detrimental impact on its company.
For someone who got into this line of work by mistake, that is a demanding endeavor. One key to effective BC planning is to approach it as a project from the outset and divide the duties required for accomplishment into smaller, more manageable chunks. You can follow the ten stages listed below to plan a successful business continuity project.