Business Continuity and Disaster Recovery (BCP/DR)
Is your company prepared when disaster occurs?
LEADERSHIP: Is Business Continuity a part of your culture?
VALUE PROPOSITION: Have your performed a Business Impact Analysis (BIA)?
GROWTH FOCUSED: Is your technology allowing for recover-ability and consider RTO?
RESULTS ORIENTED: Does your plan consider all aspects of your organization?
Would you operate your business without insurance? The answer is probably “No”, but many companies will operate without a Business Continuity Plan or Disaster Recovery Plan. We firmly believe that it is not a matter of “if”, but “when” a disaster will happen, for this reason we believe that success favors the prepared.
CIOs ranked BCM and disaster recovery among their primary areas of focus. Management teams recognize the need for continuity planning and crisis management as a part of an overall risk management program. Boards of directors, investors and key stakeholders are much more interested in planning for a resilient enterprise with capabilities to continue critical operations through a disruption. Let us partner with you to ensure your business is prepared for “the when”.
How We Can Help
Our customized BCM approach is based on risks associated with your critical business processes. We constantly test, measure, monitor and validate events to ensure adherence based on your regulatory requirements and strategic goals. Our business and risk consulting background provides a unique perspective in to our view of business continuity – a perspective that enables an flexible BCM program that is responsive to complex and changing business environments.
We incorporate our business process consultants and industry expertise in event recovery planning, and provide expertise in:
- IT process risk and controls. We work with our clients to design and implement processes that provide confidence your business will continue in the face of unplanned disruptions.
- Crisis, pandemic, process, IT and governance components of BCM.
- Analysis, development and implementation of comprehensive business continuity and recovery plans to ensure the availability of critical business processes.
BUSINESS CONTINUITY and DISASTER RECOVERY
Business Continuity Management will help your organization protect its reputation and increase your resilience in the face of adverse circumstances, whether internal or external. Business Continuity Management can help to protect the brand from a variety of risks, including cyber risks, deliver to customers as promised, and reduce downtime and the cost of recovery in the event of an incident.
Business Continuity Management (BCM) integrates the disciplines of Emergency Response, Crisis Management, Disaster Recovery (technology continuity) and Business Continuity (organizational / operational relocation). The reasons to have a robust Business Continuity Management program are many and the scope is your entire enterprise – Paradigm Technology Services can help you to protect your business in the event of a disaster.
Business Continuity Management (BCM) is a management process that identifies risk, threats and vulnerabilities that could impact an entity’s continued operations and provides a framework for building organizational resilience and the capability for an effective response.
The objective of Business Continuity Management is to make the entity more resilient to potential threats and allow the entity to resume or continue operations under adverse or abnormal conditions. This is accomplished by the introduction of appropriate resilience strategies to reduce the likelihood and impact of a threat and the development of plans to respond and recover from threats that cannot be controlled or mitigated.
Professional Practice Area Overview
- Program Initiation and Management
Establish the need for a Business Continuity Management Program within the entity and identify the program components from understanding the entity’s risks and vulnerabilities through development of resilience strategies and response, restoration and recovery plans. The objectives of this professional practice are to obtain the entity’s support and funding and to build the organizational framework to develop the BCM program.
- Risk Evaluation and Control
The objective of this professional practice is to identify the risks/threats and vulnerabilities that are both inherent and acquired which can adversely affect the entity and its resources, or impact the entity’s image. Once identified, threats and vulnerabilities will be assessed as to the likelihood that they would occur and the potential level of impact that would result. The entity can then focus on high probability and high impact events to identify where controls, mitigations or management processes are non-existent, weak or ineffective. This evaluation results in recommendations from the BCM Program for additional controls, mitigations or processes to be implemented to increase the entity’s resiliency from the most commonly occurring and/or highest impact events.
- Business Impact Analysis
During the activities of this professional practice, the entity identifies the likely and potential impacts from events on the entity or its processes and the criteria that will be used to quantify and qualify such impacts. The criteria to measure and assess the financial, customer, regulatory and/or reputational impacts must defined and accepted and then used consistently throughout the entity to define the Recovery Time Objective (RTO) and Recovery Point Objective (RPO) for each of the entity’s processes. The result of this analysis is to identify time sensitive processes and the requirements to recover them in the timeframe that is acceptable to the entity.
- Business Continuity Strategies
The data that was collected during the BIA and Risk Evaluation is used in this professional practice to identify available continuity and recovery strategies for the entity’s operations and technology. Recommended strategies must be approved and funded and must meet both the recovery time and recovery point objectives identified in the BIA. A cost benefit analysis is performed on the recommended strategies to align the cost of implementing the strategy against the assets at risk.
- Emergency Response and Operations
This professional practice defines the requirements to develop and implement the entity’s plan for response to emergency situations that may impact safety of the entity’s employees, visitors or other assets. The emergency response plan documents how the entity will respond to emergencies in a coordinated, timely and effective manner to address life safety and stabilization of emergency situations until the arrival of trained or external first responders.
- Plan Implementation and Documentation
The Business Continuity Plan is a set of documented processes and procedures which will enable the entity to continue or recover time sensitive processes to the minimum acceptable level within the timeframe acceptable to the entity. In this phase of the Business Continuity Management Program, the relevant teams design, develop, and implement the continuity strategies approved by the entity and document the recovery plans to be used in response to an incident or event.
- Awareness and Training Programs
In this professional practice, a program is developed and implemented to establish and maintain corporate awareness about Business Continuity Management (BCM) and to train the entity’s staff so that they are prepared to respond during an event.
- Business Continuity Plan Exercise, Audit and Maintenance
The goal of this professional practice is to establish an exercise, testing, maintenance and audit program. To continue to be effective, a BCM Program must implement a regular exercise schedule to establish confidence in a predictable and repeatable performance of recovery activities throughout the organization. As part of the change management program, the tracking and documentation of these activities provides an evaluation of the on-going state of readiness and allows for continuous improvement of recovery capabilities and ensures that plans remain current and relevant. Establishing an audit process will validate the plans are complete, accurate and in compliance with organizational goals and industry standards as appropriate.
- Crisis Communications
This professional practice provides the framework to identify, develop, communicate, and exercise a crisis communications plan. A Crisis Communications plan addresses the need for effective and timely communication between the entity and all the stakeholders impacted or involved during the response and recovery efforts.
- Coordination with External Agencies
This professional practice defines the need to establish policies and procedures to coordinate response, continuity and recovery activities with external agencies at the local, regional and national levels while ensuring compliance with applicable statutes and regulations.
Let’s have a discussion. Call us at 615-457-7419, or email us at Sales@paradigm-technologies.com to learn how we can help your organization with your Business Continuity and Disaster Recovery needs.
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