Business Contingency Plan (BCP)



Executive Summary

The paper critically reviews the impact of Business Contingency plan in particular organization. I have been hired as a consultant of my firm that is involved in retail sector. In my opinion, a culture that enables BCM to become part of the essential value of an organization is the result of successful efforts to engage the organization in the sustainable BCP process. In order to create a BC culture, appropriate change management is necessary. Successful change management would be supported by leadership from senior management, and rising of awareness through education, training, and exercises. In my opinion, a culture that enables BCM to become part of the essential value of an organization is the result of successful efforts to engage the organization in the sustainable BCP process. In order to create a BC culture, appropriate change management is necessary. Successful change management would be supported by leadership from senior management, and rising of awareness through education, training, and exercises.

Business Contingency Plan (BCP)

Introduction

Risk management is the process by which we measure or estimate the risk and then develop the strategies to govern. As a rule, the strategies employed include transferring the risk to a third party, avoiding the risk, reducing the negative effect and finally accepting some or all of the consequences of a particular risk (Tipton & Krause, 2000).

The criticality of the information within the organization and the complexity of systems information make organizations more sensitive to threats of integrity of the information. The data loss incidents that frequently are presented and are released by the media, causes alarm in the organizations already affecting all activities thereof. However, incidents less relevant as the failure of a communication line can have a devastating in the processes of the organization.

The paper is divided in three parts. Task A identifies the risk register that has an impact globally. Task B addresses the whole BCP plan specifically focusing on the recovery and disaster plan for the organization. Task C is the PowerPoint presentation of the whole assignment.

Task A

There are various different kinds of business risk. The risk can be external and internal to our business. I as a consultant of my organization want to highlight various factors that need to be given high importance. As the risk factors that I will identify might directly or indirectly leads towards affecting on the ability of the organization to operate.

One aspect to consider in this context, is the risk or threat, a factor that cannot be overlooked because it is immersed in any organizational operation where involved processes, people and technology. Therefore, those oriented solutions mitigation and / or management of these risks loom large for our institution (Povey, 1998). The consequences that the institution may face, when one or more of its processes nouns are inoperative or incapable of providing a service are many, and in some cases can become catastrophic that represent a high cost to the institution. Some of these causes are described below:

Natural disasters, such ...