A BCP promotes a shared understanding of planning and decision-making to help each organization as they examine all possible disasters and how to prepare accordingly. The BCP should contain multiple components that incorporate short- and long-term mitigation strategies, detailing the party responsible for each task and the courses of action that should be taken. Ideally, the plan helps ease the minds of everyone involved.
As a BCP is being developed, it should comply with any applicable industry and state regulations. Each organization’s plan should be consistent with its mission, management policy, and finances. Effective BCPs will have to change as the risk changes, having comprehensive plans that incorporate measures to continuously evaluate and update.
There is always the chance that an organization can’t prevent disaster from striking, but they can be prepared for if and when one occurs. A complete BCP can provide the comfort and trust needed to protect employees, clients, and the company’s assets so they can continue to function in the event of a disaster. A BCP is vital for every organization no matter their size so the business can keep moving.