What is a Business Continuity Plan Model?
A Business Continuity Plan (BCP) Model is a template and framework to help organizations create and maintain a comprehensive Business Continuity Plan. It provides a structured approach to identify risks, set objectives and goals, and develop strategies for how to respond to and recover from an unforeseen disruption. The model helps to ensure that plans are comprehensive, up-to-date, and achievable.
What's included in this Business Continuity Plan Model 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 Model template for?
The Business Continuity Plan Model Template is suitable for a wide range of organizations and industries. It is a helpful tool for businesses of all sizes and levels of complexity, from small start-ups to large enterprises. It can be used to create a comprehensive and effective Business Continuity Plan that is tailored to the organization's specific needs and objectives.
1. Define clear examples of your focus areas
Focus areas are the major categories that the Business Continuity Plan should address. Examples of focus areas could include Business Continuity, Risk Management, Data Security, and Crisis Management. Each focus area should include objectives, projects, and measurable targets (KPIs) to track progress.
2. Think about the objectives that could fall under that focus area
Objectives are the goals and actions that should be taken to achieve the desired outcome of the Business Continuity Plan. Objectives should be specific, measurable, attainable, relevant, and time-bound.
Examples of some objectives for the focus area of Business Continuity could be: Develop a comprehensive Business Continuity Plan, and Establish Business Continuity Procedures.
3. Set measurable targets (KPIs) to tackle the objective
KPIs (Key Performance Indicators) are metrics used to measure the success of the Business Continuity Plan. KPIs should be measurable and should be tracked regularly to ensure progress is being made towards the overall goal.
An example of a KPI for the focus area of Business Continuity could be: Increase BCP plan coverage from 20% to 80%.
4. Implement related projects to achieve the KPIs
Projects are the activities that need to be completed in order to achieve the objectives and KPIs. Projects should be broken down into smaller, manageable actions and should be assigned to team members with the appropriate skills and experience to complete them.
An example of a project related to Business Continuity could be: Create a BCP Planning Team.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
The Cascade Strategy Execution Platform helps organizations to effectively manage their strategy, track progress, and ensure success. Cascade makes it easy to create and track objectives and KPIs, assign projects, and monitor progress in real-time.