…would you be ready to bounce back?
The purpose of a Business Recovery Plan is to minimize the operational, financial, legal and other material consequences, including your business’ reputation, that arise from a disruption. The plan covers policies, standards, and procedures for ensuring that specified operations can be maintained and recovered in a timely fashion in the event of a disruption.
A Business Recovery Plan has three components:
- An Emergency Response Plan: The initial actions required to facilitate communication and minimize damage
- A Business Continuity Plan: The actions required to ensure essential services resume immediately
- A Business Resumption Plan: The actions required to resume normal operations