Business continuity planning Before we start understanding anything regarding business disaster recovery, we must learn what is basically a business continuity plan or what do we mean by business continuity planning?
Any business at any point of time can suffer a physical or a monetary loss be it due to a natural disaster or any other reason. Thus, to cover up with such post accidental losses a cyclical plan is run very well in advance, which includes planning, documenting, exercising and executing responses to all such events that can cause interruptions in a business working at any point of time in future.
Rather we can also say that a business impact analysis process is one of the most important steps that are initiated in the process of business disaster recovery planning. With this analysis, it basically becomes easier to understand the organization. Though the analysis can be done manually but taking automation assistance of bespoke software is highly advisable. How business impact analysis works?
In every business, business impact analysis basically delivers a bird’s eye view of the organization and that too in a documented format. In this format, all the processes that have to be performed are written very well in advance and upon these processes a criticality rating is then applied. After which, more data pertaining to the respective processes are collected including critical applications, critical equipments, headcount, process dependencies, process location, process description, process manager, critical vendors etc.
To check whether the BIA actions performed have been done thoroughly or no for an organization, it should be noted how much data has been collected from the activities.
If enough data has been collected it would significantly help an organization to continue with all the aspects of the business disaster recovery planning process, namely Business Continuity Planning, Business Continuity Exercising and even Crisis Management.