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Volume 30, Issue 4

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Wednesday, 30 August 2017 14:31

Establishing Your Business Continuity Strategy – Business Continuity 101

Establishing your business continuity strategy starts with considering your organization’s objectives, legal and regulatory requirements, personnel, and products or services, along with your customers and clients. Before jumping in to identify and develop your strategy and plans for business continuity, there are some preparations you can perform to help you successfully implement a functional program. These are:

  • Seek support from senior management.
  • Engage a competent third-party BCM consultant.
  • Develop a basic plan if nothing exists.
  • Appoint your BCM team.
  • Perform a business impact analysis (BIA).
  • Develop the BC strategy.
Seek Support from Senior Management

Without management support and engagement, it is difficult for a BC program to provide value and succeed in its goals. Management should form a steering committee to assist with funding and facilitation of cross-departmental issues. Providing regular status updates and reports on the added value of the program will help you garner support and understanding from senior management.

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https://www.mha-it.com/2017/08/business-continuity-strategy/