Business Continuity Planning (BCP) Framework

By: A Staff Writer

Updated on: Jul 19, 2024

What: Plans and processes to keep critical functions running in the face of disruptions, from natural disasters to cyber attacks.

Who: Specific frameworks exist (ISO 22301). Entrepreneurs adapt them to their specific risks and needs.

Why: Disasters strike – resilient companies survive. Also may be required by some investors/partners.

When: Should be ongoing, not a project you do once and forget about. Regularly revisit and test your plans.

How:

1. 1. Prioritize the truly vital functions without which you’d go under.
   2. Design backup plans (alternate sites, suppliers, etc.).