Effective business continuity planning helps minimize the uncertainty of potential business disruptions by creating a framework to maintain and recover business processes should a disruption occur.
ISO 27001 requires appropriate business continuity and contingency planning. Compliance with this internationally recognized standard is growing in importance. Today, many hedge fund investors view a Business Continuity Plan as a prerequisite to capital allocation. If you have a service contract with any publicly traded company your SLA will require you to have a Business Continuity Plan. This is extends beyond technology to focus on the critical operations and processes that you must have available if a disruption occurs.
But how do you achieve this? How do you manage the compliance process? How do you know where you stand in relation to the demands of the standard?
This is where I come in. I have performed Business Continuity Planning for large, medium and small firms of all sizes. This includes Pacific Bell, SBC, AT&T, Motorola, General Electric, the US Navy, Rodopi Software, Pite Duncan LLP, Envininet and others.
My methodology includes:
Identify and prioritize potential business risks and exposures.
Business Impact Analysis
Identify the business unit’s resource requirements. This includes applications, critical business processes, interdependencies and critical staff.
Business Continuity Plan Development
Develop recovery strategies for department, division and site level contingencies.
BCP Testing, Training & Maintenance
Conduct regular training and testing exercises for employees and the business. Conduct continuous BCP maintenance on an as-needed basis, as well as an annual review & update of the BCP.
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