Developing Business Continuity Plans
Tasks & Phases Included in This Workflow
Phase 1: Planning and Analysis
1. Identify Critical Functions
Determine which business functions are critical to continuing operations and need prioritization.
2. Conduct Risk Assessment
Evaluate potential risks and threats to business operations, including natural disasters, cyber-attacks, and supply chain disruptions.
3. Business Impact Analysis
Assess the potential impact of identified risks on business operations to prioritize recovery strategies.
Phase 2: Strategy Development
4. Develop Recovery Strategies
Create strategies for recovery and continuity of critical functions. Include alternative processes, resources, and technology solutions.
5. Create Communication Plans
Develop communication strategies to keep stakeholders informed during a crisis, including employees, customers, and suppliers.
Phase 3: Implementation and Training
6. Document the BCP
Formalize the business continuity plan in a written document that is easily accessible and understandable. Use one of the Mosaico's templates.
7. Conduct Training
Train key personnel on their roles and responsibilities as outlined in the BCP.
8. Run Simulations
Test the plan through drills and simulations to ensure its effectiveness and make necessary adjustments.
Phase 4: Maintenance and Review
9. Regular Reviews
Schedule regular reviews of the BCP to ensure it remains relevant and effective in changing conditions.
10. Update as Necessary
Revise and update the plan based on feedback from drills, actual events, and changes in the business environment.