Do you know what the key principles of business continuity are? In order for a company to avoid a crisis when faced with a threat, it is important to have a business continuity plan. Below we will share with you the steps that must be followed for the resolution of a crisis.
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These are the key steps:
- Prevention and Detection.
A company must analyze and take into consideration all the possible threats it could face in order to be prepared in case one of them happens. This can mitigate the impact of such a threat, as it won’t be completely unforeseen.
- Response and management.
The planned reaction to the problem is presented. It seeks to solve the problem and eliminate the threat using previously established strategies. The management of these events must be stable and professional.
- Recovery.
Since threats cause disruptions within a company, work must be done on the prompt recovery of operating systems. With a business continuity plan in place, disruption to operations should be minimal during resolution.
- Restoration.
After the threat has been identified and solved, the company will work on repairing or replacing all damage, internal or external, left by the crisis.
- Improvement.
Mistakes are lessons learned, so after each problem it’s important to identify what lessons can be learned and what improvements can be made to the system to avoid similar mistakes in the future.
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Now that we’ve shared with you some information about the key principles of business continuity and why it is so necessary to have a plan to help you prevent a crisis, we want to know which other topics or news you would like us to talk about in our blog.
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Key principles in business continuity.
