Contingency Plan For A Business

Tags: Baressays Com CodeEssays On A Confederacy Of DuncesResume Cover Letter ParagraphsArgument Position Research PaperProblem Solving ArticleTerm Paper Review ServiceOmelas Essay QuestionsCritical Thinking In High School

Organizational resilience means that the business can weather any storm and withstand any hits, and still remain operational, productive and profitable.

Being resilient means that the business is still able to recover and grow, bigger and stronger than ever.

If we are to take the phrase “business continuity” for its surface value, the most obvious meaning would be the ability of the business or enterprise to continue operating as a going concern for a very long time.

But the term actually means more than what the words literally mean.

Other businesses will have apprehensions about continuing any partnership they have with the company, and they may even consider severing any ties they have with that business.

This will definitely make recovery more difficult for the business, even long after the crisis has passed.

When drawing up their business plans, they see their business continuing to exist and operate in the many years to come.

Thus, they make every decision with continuity of the business in mind, while taking into account the possible effects of unexpected events that may lead to disruptions and interruptions in business operations.

The International Organization for Standardization, in ISO 22300, defined “business continuity” as the capability of an organization to continue the delivery of its products or services, at acceptable predefined levels, following a disruptive incident.

It implies the responsibility of the business owners and management for the business in ensuring that it stays afloat and “on course” despite any obstacles or stumbling blocks it encounters along the way.


Comments Contingency Plan For A Business

  • How to Write a Business Continuity Plan -

    THE BUSINESS CONTINUITY PLAN. The Business Continuity Plan, which we will refer to from here on as “The Plan”, is the documentation of the outputs or results of a company’s BCP, presenting the processes and strategies that aim to help the company minimize, if not eliminate, the negative impact of disruptions to its business operations.…

  • Information System Contingency Plan Template Department of Veterans.

    As the designated authority for system name, system acronym I hereby certify that the information system contingency plan ISCP is complete and that the information contained in this ISCP provides an accurate representation of the application, its hardware, software, and telecommunication components.…

  • Develop a Contingency Plan - Ensure That Your Business.

    Mar 26, 2015. Have you developed a contingency plan for your business in case you die or become disabled? How many families and incomes would be.…

  • Contingency Plan -

    From the planning to the execution, every single employee of a business organization, from the junior most staff member to the CEO, is an equally important stakeholder in every phase of contingency plan. Business Disaster Use Cases. Let’s take two companies as use cases to better understand the concept of business contingency plan.…

  • SP 800-34 Rev. 1, Contingency Planning Guide for Federal Information.

    This guidance document provides background information on interrelationships between information system contingency planning and other types of security and emergency management-related contingency plans, organizational resiliency, and the system development life cycle.…

  • Sample Business Emergency Plan

    Business Continuity and Disaster Preparedness Plan Emergency Preparedness Resources for Businesses RSS Feed Emergency Preparedness Materials Families, Pets, Seniors, Disabled, Businesses RSS Feed…

  • Contingency Plan Templates MS Office -

    What is a Contingency Plan? A Contingency Plan is a formal document that outlines the steps to be taken to control an emergency or disaster. Contingency planning provides a template on how to prepare for a disaster scenario, the steps to take, and its relationship to other parallel activities, such as disaster recovery procedures.…

  • What is contingency plan? definition and meaning -

    Definition of contingency plan Organized and coordinated set of steps to be taken if an emergency or disaster fire, hurricane, injury, robbery, etc. strikes. Dictionary Term of the Day Articles Subjects…

The Latest from ©