Business Continuity Plan (BCP)

A business continuity plan (BCP) refers to a documented set of procedures and information created to help an organization resume critical operations quickly in the event of a disaster or disruption.

How BCP Relates to Managed IT:

– A core part of business continuity efforts involving resilience planning, risk assessment and disaster recovery.
– Outlines technical capabilities needed to enable essential functions to continue operating uninterrupted.
– Requires infrastructure analysis and roadmap for solutions around data backups, system redundancies and emergency failovers.

Example:

A manufacturer develops thorough BCP protocols outlining how production lines and distribution channels can be back online within 24 hours if a tornado damages facilities.

Key Takeaways:

– Allows swift resumption of time-sensitive operations during outages via planned guidelines.
– Addresses infrastructure, apps, data and integrations to manage risk.
– Vital for healthcare institutions to maintain patient treatment services.
– Helps financial industries recover quickly from disruptions, preventing transaction loss.
– Managed service providers create and manage IT-focused BCP programs.