What is a Business Continuity Plan for Professional Services?
A business continuity plan for professional services is a plan that outlines strategies and procedures to enable an organization to maintain its operations and client service continuity during an unexpected event or crisis. This plan outlines the essential steps for a professional service firm, such as a law firm, accounting firm, or consulting company, to proactively prepare for the unexpected, anticipate and manage threats, and ensure that essential services are not disrupted.
What's included in this Business Continuity Plan for Professional Services template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the Business Continuity Plan for Professional Services template for?
This template is designed to help teams in service firms of all sizes to create an effective business continuity plan. The template can be used as a starting point to develop a comprehensive plan that is tailored to the specific needs of the organization and its clients.
1. Define clear examples of your focus areas
When creating a business continuity plan, it is important to identify focus areas that are key to the organization's success. Focus areas are the main categories that contain the objectives, actions, and KPIs that will be used to guide the organization's efforts. Examples of focus areas may include risk management, security, and disaster recovery.
2. Think about the objectives that could fall under that focus area
Objectives are the goals that the organization hopes to achieve within each focus area. Examples of objectives for the risk management focus area may include establishing a business continuity plan, ensuring operational continuity, and reducing operational inefficiency.
3. Set measurable targets (KPIs) to tackle the objective
KPIs, or key performance indicators, are quantifiable measures used to evaluate the success of an organization in achieving its objectives. For example, a KPI for the objective of increasing client service continuity could be the percentage of client services that remain uninterrupted. Targets for each KPI should be set that the organization can work toward.
4. Implement related projects to achieve the KPIs
Projects, or actions, are the steps taken to achieve the objectives and KPIs set in the business continuity plan. Examples of projects related to the objective of increasing client service continuity could include developing a comprehensive business continuity plan, developing a comprehensive operational plan, and increasing security awareness.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Cascade Strategy Execution Platform is a powerful tool that helps organizations track their progress and quickly identify areas where they need to make improvements. With this platform, organizations can easily monitor their progress toward achieving their objectives and ensure that their business continuity plan is up-to-date and effective.