Is Your Business Continuity Plan Ready for Action?

Is Your Business Continuity Plan Ready for Action? By Flagship Facility Services, September 25, 2022 Between climate change, cyber-attacks, and the COVID-19 pandemic, businesses today face more risk than at any other point in modern history. Implementing a Business Continuity Plan (BCP) is not just good business practice; it’s become a necessity for any organization that hopes to survive these volatile times. In fact, a recent study by DataCore revealed that more than half of companies (54%) had experienced a downtime event lasting more than 8 hours in the past five years. Most organizations have been so focused on maintaining operations through the pandemic, they haven’t been able to give their BCPs the attention they deserve. With business resuming (for the most part) as normal, it’s the perfect time to establish or revisit your BCP and incorporate lessons learned during the past two years. What exactly is a BCP? And what role should facilities maintenance play in its development? Flagship provides the definition of a BCP and offers tips for adapting your BCP in a post-pandemic world. Read more »

Turn static files into dynamic content formats.

Create a flipbook

Is Your Business Continuity Plan Ready for Action?

Published on Sep 24, 2022

Flagship Facility Services

Business Continuity Plans (BCPs) are sets of processes and procedures designed to restore critical business functions in the event of an emergency or disaster. A recent study found that over half of companies experienced a downtime event lasting more than eight hours in the past five years. BCPs differ from Disaster Recovery Plans, which are specific to the recovery of technology systems following a disaster. In order to be effective, BCPs must identify and outline measures for all risks that could potentially affect an organization's operations. Facilities maintenance plays a crucial role in business continuity and should be included in the BCP development process due to their expertise in building engineering, health and safety systems, security and monitoring, and compliance. In the wake of the COVID-19 pandemic, BCPs should be updated to reflect operational shifts and include a section on pandemic response that draws from the organization's experience conducting business during the outbreak.