Why is it important to have disaster recovery and business continuity policy?

Business continuity plan (BCP) is the way in which an organization should recover and restore its organizational function within a predetermined time frame after a total or partial disturbance to its services during a disaster. These disasters can be earthquake, flood, natural disaster, terrorist attack, or any major event which cause a catastrophic event to the organization. In simple terms, BCP is a method of planning strategically to prevent or if possible manage the consequences of a disaster, as a result reduce the consequences to a limit that businesses can absorb.

BCP manual is a printed manual which is stored in a safe place (remote site) which contains names, contact numbers, crisis management staff and other staff details, venders, clients and details of offsite backup site to operate, other important legal documents and business documents, etc. Organizations should make sure their BCP manual is realistic and easy to follow in a crisis situation without adding another burden.

Disaster Recovery Plan is a map of how an organization gets recovered in the event of a major disaster and continues its business. This is a key component in an organizational business continuity planning. Business continuity plan has a broader scope than disaster recovering planning in an IT perspective.

We cannot predict what disaster will happen next and what impact that will have on our business or the patterns in which those disasters are occurring. Businesses have to continue with minimum interruption to survive in the industry. Suppose an organization is faced with a disaster, as a result its network and the communication went down. How can you operate the organization in a situation like this? This is where you see the practicality of investing for a BCP and DRP to backup plan to guide you how to operate in a disaster situation and how to get out of the disastrous situation. BCP guides you during this difficult situation how to find the resources and operate with business till you recover fully from the disaster. DRP is more towards the technology and how to build the normal operation after the disaster is over, while BCP helps to operate the business functions during the disaster’s period.