Importance of Business Continuity/Disaster Plan

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.