Business Continuity Planning for Risk Reduction

The paper outlines the business continuity planning as a methodology that could be used by organizations in order to reduce the risks that occur both at the organizational level and in its outside environment. There are presented the main objectives and steps in business continuity planning process. In the end of the paper are presented some issues that organizations should take into consideration in the implementation of business continuity planning process projects.business continuity planning, business impact analysis, risk assessment, risk management, risk monitoring

The key factors that influence the potential client’s of AAO global insurance brokers in implementing business continuity planning / Razima Md Radzi

Business Continuity Planning is a written plan that is important for the organization in the event of disaster or emergency to the organization. However, it is not been studied in details because most of organizations do not aware on the existence of Business Continuity Planning. This research is a study on “The Key Factors That Influence The Potential Client’s of AAO Global Insurance Brokers in Implementing Business Continuity Planning”. The purpose of this research is to identify the factors that influence the organizations in implementing Business Continuity Planning. The related factors would be Exposure, Experience, Capability, and Collaboration. The questionnaires for this research were distributed among the 30 organizations within Selangor, Penang, and Malacca. A number of 30 sample sizes were chosen in random and 30 questionnaires distributed were successfully collected and returned by the respondents. There are two methods used in obtaining the data for this research which is the primary data and secondary data. The result of the findings shows the factors that contribute towards Business Continuity Planning which is Exposure, Experience, Capability, and Collaboration has a positive and negative relationship towards Business Continuity Planning. The important of implementing Business Continuity Planning affected by these related factors

Penerapan Business Continuity Pada Bank Central Asia

Banks are financial institutions that have a major impact on the economic system and can affect people\u27s lives. Hence, regulators concerned in organizing business continuity of the banking industries. PT. Bank Central Asia, Tbk. (BCA) represents businesses in the banking sector that can not escape from the natural and man threats which can interfere the bank\u27s business. This case study presents a glimpse of how the business continuity run in BCA. Moreover, business continuity in banking can not be generalized because each bank has a different strategy. Some disasters have been handled properly for their business continuity plan in BCA are catastrophic floods that hit Jakarta in 2013 and fires at several branch offices of BCA. BCA awares of the business continuity planning as an endless process that need to be refined over time. This case study described the roadmap to the awareness of business continuity planning in BCA and how the business continuity planning methodology is run in BCA

Crisis Management & Business Continuity Planning

Every day, businesses find themselves exposed to the possibility of business interruption as a result of an unexpected crisis. These events put in jeopardy the company’s ability to uphold their responsibility to their shareholders, and subsequently their communities. Many corporations fail to plan for these scenarios, and those that do plan, fail to do so to an adequate level of preparedness. This program, by simplifying the steps and clearly identifying the various parties involved in the process, eliminates some of the stigma and potential stumbling blocks in Crisis Management & Business Continuity Planning. The resulting process provides a viable easy to follow roadmap that any company, organization or team can follow to help them move through the logical progression of introduction, adoption and implementation of a Crisis Management & Business Continuity Plan for their organization

Implementation of Business Continuity Planning Methodology in Making Business Continuity Planning Documents at PT. XYZ

PT. XYZ is a company engaged in the communication sector. As a company with a national scale, PT. XYZ has various risks that must be faced, ranging from natural disasters, human disturbances, and disruption due to technology. The existence of disruption risks can disrupt the company's operational activities. A business continuity plan document is created to find out what steps the company must take to minimize damage due to disruption. Making a business continuity plan or BCP starts from the project initiation stage, risk assessment, business impact analysis, mitigation strategy development, plan development, training, testing, auditing. The results obtained from this research are in the form of BCP documents used by PT. XYZ in response to a disturbance. With the BCP, PT. XYZ can respond to a disruption that occurs and quickly restore business operations

How to Keep Your Business Open After a Disruption or Disaster

Business continuity involves more than just “planning”. This presentation discusses why a small business needs a business continuity plan, best practices, and steps involved in cybersecurity of a small business

Business Continuity Management

This article views Business Continuity Management as a progression from more traditional Disaster Recovery Planning. While recovery presupposes an event that causes a failure, continuity suggests the avoidance, or at least minimizing, the impact of a failure. Business Continuity Management is not just about Information Systems. Rather it is about ensuring that the critical business functions can continue. Business Continuity Management is a process not an event and should deal with any threat that could affect the business. For many organizations reliant on sophisticated Information Technology, adequate Business Continuity Management is a basic requirement

Extreme weather events and business continuity planning

There is now a broad scientific consensus that the global climate is changing in ways that are likely to have a profound impact on human society and the natural environment over the coming decades. The challenge for Facilities Mangers is to ensure that business continuity plans acknowledge the potential for such events and have contingencies in place to ensure that their organisation can recover from an extreme weather event in a timely fashion. This paper will review current literature/theories pertinent to extreme weather events and business continuity planning; will consider issues of risk; identify the key drivers that need to be considered by Facilities Managers in preparing contingency/disaster recover plans; and identify gaps in knowledge (understanding and toolkits) that need to be addressed. The paper will also briefly outline a 3 year research project underway in the UK to address the issue

A basic element of it business continuity plan: systematic review

Implementation of IT in the enterprise raises the possibility of various risks arising from threats and disturbances. Companies need to have business continuity planning (BCP), so that the company's business processes can be sustain in normal or critical situations. BCP is a methodology used to create and validate plan to sustain business operations continuously before, during, and after disasters or disturbing events. BCP is an important part of Business Continuity Management (BCM) and is a step that can be taken to reduce the negative impact of business interruptions caused by internal and external. The current condition of the Business Continuity Plan is the lack of understanding of the key elements of the business continuity plan design that leads companies to realize what business continuity plan are or do not know what is needed to make BCP and BCP owned by the company still lack in completeness of the business continuity strategy. Based on the present condition, this research aims to explore the elements of BCP based on business continuity standard that is COBIT 5 Domain: Manage Continuity, ISO 22301: 2012 Business Continuity Management System, ITIL IT Service Continuity Management and related business continuity plan research. The results of the research are BCP has 8 main elements, determining the need of business continuity management, business continuity review, risk analysis, business impact analysis, business continuity strategy, disaster recovery plan, employee training, BCP testing, where the eight elements can be categorized into two are managerial and technical

Continuity Planning at Institutions of Higher Education

While emergency planning and disaster recovery are generally well established within institutions of higher education, there is an increasing focus on business and academic continuity. How will we continue or quickly resume the institution\u27s mission of teaching and research following a disruptive event? The presentation will first introduce continuity planning and outline how it complements the institution\u27s existing emergency and disaster recovery plans. Why implement continuity planning? What are the benefits and advantages of such an undertaking? The value and tangible benefits of effective continuity planning will be emphasized. Some participants will likely have already recognized the need for continuity planning, but are struggling to gain the traction necessary to initiate a continuity planning effort at their institution. The presentation will provide guidance on selling continuity planning to not only senior executives, but also to operational managers. While every institution of higher education is unique, there are common challenges that many institutions are likely to face as they address continuity planning. Participants will be given flexible strategies for overcoming these obstacles within their own institution’s political climate and culture. The continuity planning effort at Tufts University, a project funded by the Department of Education Emergency Management in Higher Education grant program, will also be covered. “Tufts Ready|continuity” is centered around an online continuity planning tool, Kuali Ready, that is tailored for institutions of higher education