Business Continuity Guidelines
From Open Risk Manual
Business Continuity Guidelines
A set of high level Business Continuity guidelines in support of effective Business Continuity Management. Based on a compilation of regulatory material [1], [2], [3], [4]
NB: Use the resources in the Business Continuty category (and thematic sub-categories) to validate, benchmark or challenge any internal plans and procedures. Always give precedence to formal rules, regulations and/or guidance around business continuity as it applies to specific sectors and/or jurisdictions
Guideline | Outline | Category |
---|---|---|
Management Responsibility | An organisation’s management is collectively responsible for ensuring Business Continuity before, during and after a Business Disruption. Business Continuity Management articulates these responsibilities and fleshes them out in concrete roles. | Business Continuity Management |
Impact Analysis | Business Impact Analysis undertakes to assess risk (likelihood and impact) of a Major Operational Disruption to the operations of the organization, in support of its Business Continuity Planning | Business Impact Analysis |
Continuity Plan | A formal, agreed, documented, implemented, tested and regularly reviewed and audited Business Continuity Plan | Business Continuity Plan |
Recovery Strategy | Setting out recovery objectives and priorities under various contingencies | Business Recovery Strategy |
Testing and Validation | Activities that aim to assess the suitability of a Business Continuity Plan and associated Business Recovery Strategy | Business Continuity Testing |
Training and Awareness | Increasing organizational awareness on all relevant aspects of the Business Continuity Plan | Business Continuity Training |
Communication | Ensuring effective communications within the organization and with its key stakeholders both internally and externally | Business Continuity Communications |