What is a Business Continuity And Resilience Plan?
A Business Continuity and Resilience Plan is a comprehensive plan that outlines the steps necessary for an organization to prepare for, respond to, and recover from any significant disruption or incident. It should identify potential risks and threats and provide a framework for developing mitigation strategies and creating a more resilient organization. The plan should cover all aspects of the organization’s operations, from financial risks to physical infrastructure and personnel safety.
What's included in this Business Continuity And Resilience Plan 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 And Resilience Plan template for?
This Business Continuity and Resilience Plan template is designed for organizations of all sizes and industries to create their integrated business continuity and resilience plans, addressing both operational continuity and overall organizational resilience. By using this template, organizations can quickly and easily identify potential risks and threats, set measurable targets, and develop projects to address those targets, all with the goal of creating a more resilient organization.
1. Define clear examples of your focus areas
A focus area is an area of the organization that needs to be addressed in order to achieve overall organizational resilience. Examples of focus areas include Strengthening Business Resilience, Improving Operational Resilience, and Strengthening IT Infrastructure. For each focus area, it is important to identify specific objectives, set measurable targets (KPIs), and implement related projects to achieve those targets.
2. Think about the objectives that could fall under that focus area
Objectives are the goals that need to be achieved in order to reach the desired outcome for each focus area. Objectives should be specific and achievable, and should be broken down into smaller, more manageable actions. Examples of some objectives for the focus area of Strengthen Business Resilience could be: Increase Risk Management Knowledge , and Increase Management Visibility .
3. Set measurable targets (KPIs) to tackle the objective
KPIs, or Key Performance Indicators, are measurable targets that can be used to measure the progress of an objective. KPIs should be specific and measurable, and should include an initial value (where the organization is currently at) and a target value (where the organization wants to be). KPIs should also include a unit of measure, such as people, hours, or %. An example of a KPI for the focus area of Strengthen Business Resilience could be: Decrease number of employees without risk management training.
4. Implement related projects to achieve the KPIs
Projects are the actions that need to be completed in order to achieve the KPIs. Projects should be specific, achievable, and measurable, and should be broken down into smaller actions that can be completed in a timely manner. An example of a project related to Strengthen Business Resilience could be: Develop Risk Management Training .
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Cascade Strategy Execution Platform is a software designed to help organizations quickly and easily create, monitor, and adjust their business continuity and resilience plans. This platform allows organizations to easily track their progress, adjust their plans in real-time, and collaborate with stakeholders to ensure the plan is successful. With Cascade, organizations can achieve faster results from their Business Continuity and Resilience Plan.