As we step into 2024, practitioners and managers of Business Continuity programs are under more pressure than ever. Not only has the threat of operational disruptions increased, both internally and externally, but teams are being asked to do more with less. Reliance on legacy systems and processes is no longer the most efficient or effective approach to Business Continuity. To truly manage tomorrow’s surprises today, organizations need to embrace an integrated approach that removes friction and fragmentation across the entire organization while placing risk at the heart of all business decisions.
Successful Business Continuity Programs Focus On:
Enhanced Preparedness On Key Business Dependencies
We see this most frequently when an organization allocates resources to the most critical functions and departments within their business. By understanding which elements of your operations are most critical, the decision-making for what processes need to be handled first when disaster strikes becomes streamlined, more efficient, and will lead to a faster turnaround in getting operations back on track.
Improving Resilience with a Risk-Based Approach
A forward-thinking approach to Business Continuity will manifest itself when a company is able to identify and manage critical parts of their business and operations on an individual basis. For too long, risks that arise across departments were treated equally, in both the mitigation and preventative stages. Understanding which parts of your business are most critical will allow you to spend resources more efficiently and be better prepared to recover in the long run when disruption strikes.
Building Business Continuity Planning Awareness In Your Organization
Taking a risk-based approach to BCP inheritably comes with a culture of awareness and proactivity. Bringing this awareness to your organization allows you to bridge silos and empower the front lines. When employees know where to look to find the processes and information they need, they will ultimately be more effective in their roles in disaster recovery.