Business Continuity Plan: Understanding the Impact of Disaster on a Business
In the modern-day, the business finds heavy competition in the marketplace. To withstand this competitive world, it is important to have a well organized and innovative strategy. Identify the system and process involved in sustaining and maintaining the growth of the business are more important. Business Continuity Plan is one of the excellent risk strategies that every organization needs to maintain. The purpose of Business Continuity Plans is a process and procedure that will help keep business operations up and running or restore them as much as possible in the occurrence of a major disaster. That’s why a business continuity plan is essential and gets the best shot at success during a disaster and plan in the hands of a responsible person who carries out that plan. Why is business continuity strategy so effective? By implementing the BCP, it is quite easier for understanding the threats and weaknesses in the organization. It helps to identify potential threats to y...