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Basic of Business Continuity Plan
A lesson learned from a major disruption that impacted livelihood and business, to an extend It brings about thoughts on how we can operate the business effectively, and inevitable, change management comes in later. Getting start with BCP What is a BCP? In short BCP is a documented strategy that outlines how a company will continue to operate during and after a disruptive event or crisis. The Goal This Is to ensure that essential business functions can continue in the event of a disruption or disaster, that is minimising the impact on the business, employees, customers and other stakeholders. The basic plan of BCP A BCP typiclally includes the following…
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Why Business Continuity Plan matters
Covid19 has impacted in many ways on livelihood, businesses and the governments around the world. A wake up call that we can’t take things for granted anymore, we have to rethink redesign on many things from basic food supply chain, speeding up sustainability to business operations. These days the companies and organisations are putting on priority for Business Continuity Plan as we are prepared for more disruptions since Pandemic together with climate changes and wars. I have a privilege to worked for American financial institutions for years, my first experiences of business operations disruptions began with September 11. After the incidents, most foreign banks have seriously put plans on setup…