Seven Areas that are Typically Overlooked on Business Continuity Plans (BCPs)

While helping organizations convert their existing BCP into a more comprehensive plan, I have noticed that the following areas are typically overlooked:

  1. Arrangements with financial institutions for emergency funding in the event of a disaster
  2. A schedule for periodic review and updates of the BCP
  3. A schedule for dry runs
  4. A scoring system for dry runs
  5. Pre-set times and places for in-person meetings in the event that all other avenues of communication are unavailable
  6. Requiring BCPs from key suppliers
  7. Performing an objective risk analysis and factoring this into the BCP

A BCP is a necessity in today’s world. It pays to expend the extra effort so that your plan is comprehensive and protects your future.