Importance of Business Continuity/Disaster Plan
Disaster planning plays an important
role for businesses in ensuring they can still operate after natural disasters
such as earthquakes and floods, power and energy disruptions, communications
and service failure, or other serious disruptions. Disaster recovery and
business continuity planning are processes that help organizations prepare for
these disruptive events. These plans
help companies stay running during and after natural disasters.
Disaster recovery is the process by
which you resume business after a disruptive event. The importance of this
recovery plan is that although there are disasters or disruptions that has a
high impact on destroying a business, these organizations and institutions with
good continuity plans survives. A comprehensive plan forces leaders of the
business to review weaknesses and threats to their organizations.
Business continuity planning suggests
a more comprehensive approach to making sure you can continue business not only
after a natural calamity but also in other challenges that the business face
from time to time.
Business continuity plan enables
critical services or products to be continually delivered to clients which
permits the organization to recover its facility, data and assets. It ensures
survival and meet legal and other obligations of an organization. The
importance of this plan is that it endeavors to ensure that critical operations
continue to be available. It can affect organizations to improve its overall efficiency
in identifying the relationship of assets and financial resources to critical
services.
Creating and
maintaining a good business continuity and recovery plan helps ensure that an
institution has the resources and information needed to deal with emergencies.