While a Business Continuity Plan (BCP) and a Disaster Recovery Plan (DCP) may sound similar and do overlap a bit, there are significant differences between the two documents, especially when it comes to how your business approaches information technology. While a BCP is focused on helping the business sustain its regular organisational objectives both during and after disruptions, a DRP is focused on information systems, and how to restore those systems after a crisis.
So why do you need these documents? Because in the event of a crisis, your workforce needs to be back on track as fast as possible to reduce the loss of revenue and resources.
Disasters can occur with little or no warning and can cripple a business’ ability to function and achieve their strategic goals. Some disasters that your business might face include:
As businesses continue to digitise, ensuring BCPs and DCPs are in place should be a key part of their risk mitigation strategy. Modern businesses simply cannot afford the risk of operating without them.
If you would like to learn more about Business Continuity plans and DRP for your business, please contact us.