A business continuity plan - also called a disaster recovery plan - is a document that defines the possible risks that could disrupt the business, methods to reduce the chance of occurrence of those events, and the processes to be followed in the event a disaster happens to ensure that operations continue.
For example, all schools have a disaster plan that must be reviewed on a regular basis to comply with government regulations.
The Plan will be distributed to members of the business continuity team and management.
A master copy of the document should be maintained by the business continuity team leader.
We focus on making business continuity planning an organization-wide initiative and process – bringing people, processes, and technologies together.
We understand the challenges that you face in dedicating time to business continuity plan development, so we’ll do the heavy lifting for you.They should discuss whether the threats list is still complete, whether the assessment of risks still makes sense, and whether the defined process steps for each type of incident will meet the goals of keeping the business in operation.Any changes should be included in the plan, and the updated document should be distributed to all personal who need it.Anyone can earn credit-by-exam regardless of age or education level.Beyond regulatory requirements, your Credit Union Business Continuity Plan (BCP) ensures you’re able to serve your members during times of crisis!A and B priorities will need to be addressed with steps appropriate for their level of risk.Often there will be steps that can be taken to reduce the likelihood of an incident occurring.Without a plan, recovery is at best good intentions – and part luck.We make Business Continuity Planning an organization-wide initiative and process combining our team of certified & experienced staff with our award-winning BCP software platform.From the kick-off meeting to the annual plan review and tabletop, your Credit Union has a designated planner to walk you through all stages of plan development.Each of our consultants has Credit Union experience and bring that knowledge to building your plan.