What is a Business Continuity Policy Plan?
A business continuity policy plan is an essential strategy for organizations of any size and industry. It outlines the principles, objectives, and responsibilities for ensuring operational resilience and continuity in the event of a disruption. The plan helps to identify risks, outline procedures, and establish roles, responsibilities and procedures in order to minimize the impact of a disruption on business operations.
What's included in this Business Continuity Policy 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 Policy Plan template for?
This template is suitable for any size organization and industry, providing an easy-to-use framework for creating a business continuity policy plan. It helps to identify risks and develop plans to restore services after a disruption, as well as create a team responsible for business continuity policy and train personnel.
1. Define clear examples of your focus areas
The focus areas in a business continuity policy plan should be determined based on the organization's goals and objectives. Examples of focus areas include Business Continuity, Business Operations, and Disaster Recovery. Each focus area should include objectives and action plans to achieve those objectives.
2. Think about the objectives that could fall under that focus area
Objectives are the desired outcomes that fall under each focus area. They should be specific, measurable, and actionable. When creating objectives, consider the goals and objectives of the organization, and ensure that they are achievable and realistic. Examples of some objectives for the focus area of Business Continuity could be: Develop a business continuity policy, and Establish roles, responsibilities and procedures.
3. Set measurable targets (KPIs) to tackle the objective
KPIs are measurable targets that are used to track progress towards achieving an objective. They should be measurable and actionable, and should be set for each objective. Examples of KPIs include increasing the number of identified risks, increasing awareness of business continuity policies, or decreasing recovery time.
4. Implement related projects to achieve the KPIs
Projects (actions) are the steps taken to achieve the KPIs. They should be specific and actionable, and should be tailored to the organization's objectives. Examples of projects include implementing a business continuity policy plan, creating a team responsible for business continuity policy, or developing a plan to restore services after a disruption.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Cascade Strategy Execution Platform helps organizations to achieve their objectives faster. The platform enables organizations to quickly and easily identify risks, set measurable targets, develop plans, and track progress toward achieving their goals.