Business Continuity Plan - Find out why 85% of companies have already done so

In 2020 we realize that we live in a very volatile system and that, if one day everything is fine, the next, chaos is installed. To resist, it is essential to foresee some multiple scenarios and even the most unrealistic scenario.

We started the year 2020 with a very optimistic mindset, a new decade, a new year, a new opportunity to thrive. However, even in the first quarter, we were put to the test. The certainty that 2020 would be “the year”was immediately replaced by inconsistency and fear of what lay ahead. With the new coronavirus, organizations had to demonstrate their resilience.

Organizations were taken by surprise when they realized that their work methodology would have to be adjusted and changed. The quick response capacity that most of them had is to be commended, effectively adapting to the environment and creating business strategies such as remote work, thus remaining productive. However, without denying the merit to the management of organizations, a justification for the efficiency in the adaptation is found in the Business Continuity Plan – BC.

What does the Business Continuity Plan consist of? It is a management process that prevents the occurrence of incidents in the organization and helps to react appropriately, maintaining a level of functioning adjusted to the ordinary recovery of the situation - namely through the adoption of alternative processes. The plan is activated when threats such as pandemics, robberies, system failures, fires, terrorism, etc. As would be expected, in recent years its implementation has increased.

According to It Insight in the article “Organizations improve disaster recovery plans” it is inferred that while 66% of companies did not have a response plan for situations like the coronavirus before the pandemic, the situation is to change. Now, 85% already have an IT disaster recovery plan within their BC (Business Continuity) strategy”. Comparing the percentage values, there is significant growth, that is, organizations increasingly understand the importance of implementing a Business Continuity Plan, a contingency plan that will facilitate their recovery in the event of a disaster.

In short, it is impossible to predict the unpredictable, it is wrong to assume that incidents only happen to third parties. This pandemic has proved to us that no one is unharmed. It's important to have a plan. It's important to be prepared. It is essential to adopt measures such as the Business Continuity Plan, which helps organizations to recover from the chaos, making the loss of income not so significant, facilitating and speeding up the return to normality.

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