Business Continuity Plan
A Business Continuity Plan (BCP) is a set of documents that pre-emptively define the measures an organization should take after a disaster or disruption occurs. The BCP contains not only measures related to preventing casualties, but also the continuation of the business is laid down in it. Issues such as crisis management, crisis communication, aftercare, and a working capital recovery plan are also included in this plan. The Business Continuity Plan is an indispensable element of a company's Business Continuity Management.
The BCP comes in handy when an organization's continuity is at risk. The Business Continuity Plan provides an overview of the processes that have priority after a disaster occurs. However, it is important to regularly test, maintain, and improve the BCP. Only by performing tests can you see if the plan works and is current. In addition, BCP testing creates confidence among staff when an emergency actually occurs.
