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Unit 10

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0% found this document useful (0 votes)
16 views25 pages

Unit 10

Uploaded by

Reshma lal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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MASTER OF BUSINESS ADMINISTRATION

DMBA212: Strategic Management and Business Policy

SEMESTER 2

DMBA212
Strategic Management and Business Policy
Unit: 10 – Business Continuity Plan 1
DMBA212: Strategic Management and Business Policy

Unit 10
Business Continuity Plan

Unit: 10 – Business Continuity Plan 2


DMBA212: Strategic Management and Business Policy
TABLE OF CONTENTS

SL Fig No / Table SAQ /


Topic Page No
No / Graph Activity
1 Introduction - -
4-5
1.1 Learning Objectives - -

2 Concept of Business Continuity Plan - -

2.1 Features of Business Continuity Plan - -

2.2 Relevance and Importance of Business 6-10


- -
Continuity Plan

2.3 Steps in Business Continuity Plan - 1

3 Process of Developing Business Continuity Plan - 2 11-12

Business Continuity Plan and its Influences on


4 - 3 13-14
Strategic Management

Business Continuity Plan and its Influences on


5 - 4 15
Policy Making
6 Contingency Planning 1 -

6.1 Process of Creating a Business Contingency 16-17


- 5
Plan
7 Summary - - 18

8 Glossary - - 19

9 Case Study - - 20

10 Terminal Questions - - 21

11 Answers - -

11.1 Self-Assessment Questions - - 22-24

11.2 Terminal Questions - -

12 Suggested Books and e- References - - 25

Unit: 10 – Business Continuity Plan 3


DMBA212: Strategic Management and Business Policy

1. INTRODUCTION
This unit aims to help you understand the Business Continuity Plan (BCP) and its related concepts.
BCP is a strategy or business plan which provides a system for the prevention, recovery and
continuity of business and its products and services from potential damage to an organization during
a crisis. This plan ensures that the employees working in the organization, and other assets of the
organization, are protected and can work in the event of an emergency or crisis.

This chapter will start with the BCP and its significance. The BCP involves demonstrating all the risks
that can affect operations of an organization and including the organization’s risk management
strategy. The risks and threats of an organization are identified and analyzed, and how these can affect
the operations of the organization. A BCP is a significant part of every business as it helps and assists
businesses to continue operations even at the time of a crisis. Threats and disruptions in the workings
of an organization can lead to loss of revenue, or increase operational costs, which can not only reduce
profits, but may lead to complete loss of business and customers. Note that insurance alone cannot
help an organization recover damages or costs at the time of a disaster.

In this unit, you will learn about the influences of the BCP on strategic management and policymaking
and also, contingency planning and its processes.

This unit will also discuss Business Impact Analysis, which is the process of determining major
functions of the organization that impact the business. The strategies required for a business to
recover from emergencies.

Unit: 10 – Business Continuity Plan 4


DMBA212: Strategic Management and Business Policy

1.1. Learning Objectives


After studying this chapter, you will be able to:
• Explain the significance of a Business Continuity
Plan for an organization
• Describe the process of Business Contingency
Plan
• Describe the Business impact Analysis and its
process
• Restate the influence of the Business Continuity Plan on strategic management and business
policy

Unit: 10 – Business Continuity Plan 5


DMBA212: Strategic Management and Business Policy

2. CONCEPT OF BUSINESS CONTINUITY PLAN

A Business Continuity Plan, or BCP, is a process which an organization adopts to continue business,
prevent damage and recover from potential threats which can disrupt operations for an organization.
The BCP is a part for disaster management. It aims to ensure to protect the human resources and
other assets of an organization and is able to function in crisis as well. It describes how the business
will continue to operate during an unplanned and unexpected service disruption. It is more detailed
and constructive compared to a disaster recovery plan. It contains those business processes that may
affect assets, staff, and business partners.

The BCP develops responsive policies to ensure that the business is able to recover quickly after a
disaster. The main purpose of the BCP is to protect people, assets, and property, or we can say, the
four M’s--Man, Machine, Material and Money. It also helps to protect asset damage, financial damage,
and loss of life following an emergency. It manages and maintains a system of protection and recovery
from potential threats to an organization. That workers and property are safe and able to work
quickly in the event of a disaster. BCP is often conceived proactively and includes inputs for key
stakeholders and staff. It includes all possible risks that may affect a company's operations, making it
an integral part of the organization's risk management strategy. Risks can include natural disasters -
- fires, floods, or weather-related events and cyber-attacks. Once the risks have been identified, the
plan should include:
• Determining how those risks will affect performance
• Implement prevention and risk reduction procedures
• Test procedures to ensure their effectiveness
• Review the process to ensure it is up to date

2.1. Components of A Business Continuity Plan


The key components of a business continuity plan are:
• Strategy: Issues related to the strategies used by the business to complete day-to-day
operations, while ensuring continuity in operations.
• Organization: Concerns related to the structure, skills, communication, and responsibilities of
its employees.

Unit: 10 – Business Continuity Plan 6


DMBA212: Strategic Management and Business Policy

• Apps and Data: Software-related features required to enable business operations, as well as,
how to provide maximum availability for use of such software.
• Procedures: Critical business processes are required to run a business, and the IT processes
used to ensure efficiency.
• Technology: Equipment, network, and industry-specific technologies needed to enable the
continuous operation and backup of applications and data.
• Resources: Provision of a disaster recovery facility, if the main site is destroyed.

2.2. Relevance and Importance of a Business Continuity Plan


The importance of a BCP can be described as follows:
Better Preparedness: The business will be better prepared to handle unexpected situations. Every
employee needs to know how to respond during a crisis. Leaving employees to figure out will only
add to the confusion and, worse, lead to monetary and non-monetary losses in the organization. The
BCP can document procedures before an emergency occurs.

Prevent Market Losses: The business will have security measures, in addition to insurance.
Generally, it is perceived that if an organization is having insurance, then it does not need a business
continuity plan. The fact is that a business cannot always rely on insurance alone. Insurance cannot
cover incidental injuries, loss of customers, loss of market share, and operational issues.

Fast Recovery: A business can recover fast if it is prepared to face a crisis. Time spent on maintaining
a BCP is as good as investing in the growth of the company. It’s important to remember that the
planned expenses will continue even after the event or a crisis as well, whether the organization is
open to it or not.

Maintaining Reputation: During the crisis, with the help of BCP, the image and reputation of a
business remains unaffected and can be maintained. Companies that have a well-prepared BCP can
respond well to emergencies and continue to provide products or services to their customers.
Thereby retaining customers and maintaining their image.

Building Confidence: It builds confidence among customers. When an organization demonstrates a


high level of commitment to its business continuity, it builds confidence among customers, as well as
with other external parties with whom they do business.

Unit: 10 – Business Continuity Plan 7


DMBA212: Strategic Management and Business Policy

Preparing Employees: It builds confidence among employees. Internally, employees who have a
thorough knowledge of the company’s continuity strategies get the confidence to face a crisis as they
know what exactly needs to be done.

Compliance with Standards: Ensures compliance with industry standards. An organization which
has adopted a set of business continuity levels and standards is sure to have compliance with industry
standards.

Organizational Culture: It helps develop a strong organizational culture.

Employees apply the concepts of business continuity automatically, even when a new product or
service is developed. Employees are quick to adapt to situations when the process is not going well.

Reduce Risk: It helps to reduce financial risk. A BCP not only reduces the business risk but also
financial risk. By building a strong network, or by putting processes and procedures in place, it
reduces the risk of data breaches, data loss, or system failure.

2.3. Steps in Business Continuity Plan


If an organization does not have an effective BCP, it should develop one immediately. The effort is
worthwhile and will give a company a good chance of survival after any unexpected incident. The
following steps should be taken to develop a strong BCP.

Step 1: Create a BCP Management Team


This team uses and operates a plan. The structure of the team depends upon the size of the company
and how it plans to roll out the program. The team should include a manager, assistant manager, and
administrative assistants from each department. These people will prepare plans for business
continuity, train additional team members and identify processes to make the plan go smoothly.

Step 2: Perform a Business Impact Analysis


Once the team has been assembled, the second step is to identify the operational, financial, and
physical risks to the company in the event of a disruption. Managers can determine these risks, using
a Business Impact Analysis (BIA). Once the list of potential risks to the organization is created, discuss
how these risks can affect business performance. Asking business impact analysis questions will
identify critical business processes, stakeholder trust, asset purchases, minimum required

Unit: 10 – Business Continuity Plan 8


DMBA212: Strategic Management and Business Policy

turnaround time, and the minimum number of employees required to support the business. Next, this
information has to be reviewed, followed-up by interviews conducted to confirm the information, and
fill in the information gaps.

Step 3: Identify Required Resources


Next, identify the resources needed by doing gap analysis. After conducting an impact analysis --
which identified and recorded potential risks -- the analysis may reveal inconsistencies between the
resources available and the resources needed. This is where a gap analysis needs to be done. The gap
analysis identifies the company’s recovery needs compared to its current resources. It also outlines
recovery options and agreed strategies.

Step 4: Identify the Business Recovery Strategies


Explore and implement recovery strategies. Being aware of the risks is important for an organization.
However, knowing how to react and recover is more important to get back on track after the crisis.
Once the business is affected, and financial losses grow, it will be difficult to recover without a plan.
In this step of business planning the business recovery strategies are identified and their
implementation process is being framed.

Step 5: Continuous Review


Continuous review is very significant in BCP and recommendations should be made for
improvements.

The BCP can never be completed because the risks and needs of the organization are ever changing.
The plan needs to be checked regularly to make sure it works.

Unit: 10 – Business Continuity Plan 9


DMBA212: Strategic Management and Business Policy

SELF-ASSESSMENT QUESTIONS – 1
Fill in the blanks:
1 What is the first step that should be performed for the development of a business continuity
plan?
a) BCP team selection
b) Business organization analysis
c) Resource requirements analysis
d) Legal and regulatory assessment
2 What will be the major resource consumed by the BCP process during the BCP phase?
a) Hardware
b) Software
c) Processing time
d) Personnel
3 An organization requires a BCP to ensure uninterrupted availability of all key business
resources required to support essential business functions. (True/False)
4 Which of the following is not a recognized form of Business Continuity Planning?
a) Contingency Planning
b) Scenario Planning
c) Financial Planning
d) Building Planning

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DMBA212: Strategic Management and Business Policy

3. PROCESS OF DEVELOPING BUSINESS CONTINUITY


PLAN
BCP plan is framed after a detailed thorough discussion with the top management. The process of
developing a BCP is as follows:
A. Seek support from top management: The first step is to seek support from top management or
senior executives as they play a crucial role in drafting the plan. Top management is always a
key player in deciding vision, mission and framing strategies for the organization.
B. Engage a competent business continuity strategic consultant: Expert advice from a competent
consultant is critical. If such person is not available within the business, then an external
resource should be found.
C. Develop a basic plan: A basic plan is developed which can assist in continuity of the business to
the last detail.
D. Appoint a business continuity management team: Team members from all departments are
appointed to form the team to create a thorough plan.
E. Perform business impact analysis (BIA): This is done to understand the potential consequences
of disruption.
F. Develop the business continuity strategy: In this step, a final business continuity strategy is
developed to prepare the organization for a crisis.

Unit: 10 – Business Continuity Plan 11


DMBA212: Strategic Management and Business Policy

SELF-ASSESSMENT QUESTIONS – 2
Fill in the blanks:
5 What is one of the purposes of the BIA?
a) To determine the maximum level at which activities should be performed
b) To determine minimally acceptable outage
c) To identify risks
d) To assess the impact of disruptions for a longer period
6 A BIA critical survey helps to identify which of the following?
a) Project initiation phase
b) BIA phase
c) Recovery strategy phase
d) Testing phase
7 Specific tools used to conduct a BIA include:
a) Interviews
b) Organizational charts
c) Questionnaire
d) All the above
8 A business impact analysis is the analysis of ___________ and _____________ implications of
disruption of business operations and processes.

Unit: 10 – Business Continuity Plan 12


DMBA212: Strategic Management and Business Policy

4. BUSINESS CONTINUITY PLAN (BCP) AND ITS


INFLUENCES ON STRATEGIC MANAGEMENT
Before understanding the influences of a BCP on strategic management, let’s review what strategic
management is. Strategic management is a process of formulating, implementing, evaluating and
controlling strategies to achieve an organization’s strategic intent. It is a course of decisions and
actions that lead to the development of an effective strategy or strategies to help in achieving the
corporate objectives.

There are different strategies of business continuity planning. Since there are different types of
possible impacts, strategies should be developed depending on the type of damage or disaster.
Following are some types of strategies and situations when they can be implemented.

1. Prevention: The best option anytime. In this strategy, action or steps are taken to prevent or
reduce the likelihood of a disaster from occurring. Companies can use many protective measures
as protection. General preventive measures are:
• Security Controls: Barriers are set to control access to the company sites by preventing
unauthorised access. It means, using manned surveillance at the location.
• Infrastructure Controls: This means having appropriate infrastructure facilities such as
UPS/backup power, fire/smoke detectors, fire extinguishers, weatherproof forecasting
systems, etc.
• Personnel Controls: Skilled/trained personnel are posted to areas where key or critical
resources are available.
• Software Controls: This includes installing modern methods of control through computer
programmes or software, such as: establishing authenticity protocols at key sites,
encryptions, firewalls, intrusion detection systems, etc.
2. Response: Prevention is a proactive step; response to the crisis is a reactive step. If prevention
is not possible, then a quick response is the next alternative strategy. After a disruption of service
or operation, or damage, the BCP team should act immediately and inform the management and
damage assessment team. The technical team and operations team should also be involved in
this. The damage assessment team will assess the nature and extent of the damage. Depending

Unit: 10 – Business Continuity Plan 13


DMBA212: Strategic Management and Business Policy

on the report of the damage assessment team, the technical team and operations teams start
working.
3. Resumption: In this case, the strategy is to resume normal or pre-damage activities for the
organization. Jobs are now moving to the Command Centre. The command center differs from
the location of the general business activity. Both resumption and rescue operations are
integrated with the command center. The center should possess the required communication
facilities, systems and tools for the smooth functioning of the BCP/technical teams. Now, the
technical team needs to decide whether sensitive business operations can be resumed at the
current location or whether these be relocated.
4. Recovery: With resumption of critical and important operations, on the original or alternate
location, the recovery process also begins. Recovery means installing software and controls. It
is necessary for sensitive jobs to be restored.
5. Restoration: Restoration means restoration of the original site for normal operations. The
restoration process begins simultaneously with the recovery function. The recovery team and
restoration teams are often common.

SELF-ASSESSMENT QUESTIONS – 3
Fill in the blanks:
9 Strategic Management is defined as a dynamic process of
a) Formulation of strategies
b) Implementation of strategies
c) Evaluation of strategies
d) All the above
10 The strategies for a BCP are Prevention, Response, Resumption, Recovery and _______________.
11 Prevention is a strategy; this means taking action or steps to enhance or increase the disaster
(True/False)

Unit: 10 – Business Continuity Plan 14


DMBA212: Strategic Management and Business Policy

5. BUSINESS CONTINUITY PLAN AND ITS INFLUENCE


ON POLICYMAKING
The business continuity plan focuses on sustaining and maintaining the organization during and after
a disruption. It ensures that the business continuity management systems are developed and
implemented systematically with a commitment from the top management team. This policy refers
to an integrated strategy that includes programs, processes, and technical measures that allow for the
recovery of processes after a disruption.

Business Continuity Policy is a set of standards and guidelines that an organization prepares and
follows to ensure sustainability and risk management. This policy varies from organization /industry
and requires periodic updates as technology emerges and business risks change. The purpose of the
policy is to document what is required to keep an organization running on normal business days and
in times of emergency. When the policy is clearly defined and followed, a company can ensure
business continuity and risk recovery processes. The policy assists organizations in preparing the
BCP. It follows the following points:

• Identification of hazards
• Determine what or who can be harmed
• Evaluate the risks and create control measures
• Record the findings
• Review and update the assessment

SELF-ASSESSMENT QUESTIONS – 4
Fill in the blanks:
12 The business continuity plan (BCP) focuses on sustaining and maintaining the organization
during and after the ____________.
13 The business continuity policy is a set of standards and guidelines that the organization is
committed to ensuring sustainability and ________________________.

Unit: 10 – Business Continuity Plan 15


DMBA212: Strategic Management and Business Policy

6. CONTINGENCY PLANNING

A Business Contingency Plan is a course of action that the organization will take in the case of an
unexpected event occurring or a risk arising. Sometimes a contingency could be positive -- like
unexpected outbursts of revenue, but mostly, the word refers to a negative event affecting an
organization's dignity, financial health, or ability to stay in business. This includes fire, floods, data
breaches, major network failures, among others. Contingency plans are an essential part of the growth
of a business continuity strategy because they ensure that the organization is ready for everything.

Contingency planning is a proactive strategy, whereas crisis management is a reactive strategy. A


contingency plan helps the organization to ensure that it is prepared for what may come; whereas the
crisis management plan empowers organizations to manage the response after a crisis occurs.

There is a concrete relationship between business continuity plan, business impact analysis and
contingency planning, which can be understood from the following diagram:

Unit: 10 – Business Continuity Plan 16


DMBA212: Strategic Management and Business Policy

Fig 1. Relationship between BCP, BIA and Contingency Planning

6.1. Process of Creating a Business Contingency Plan


The process of creating a business contingency plan includes the following steps:
1. Identify and Prioritize Resources: Thorough study of the organization should be done first.
All the key resources of the company such as teams, departments, tools, machines, facilities, etc.
should be identified and listed out. After this, the prioritisation of these resources should be
done from the most important to the least important.
2. Identify Key Risk Areas: In this step, all the possible areas requiring attention and vulnerable
to risks should be identified. This requires meeting with teams, managers and other executives
to get detailed information about the contingencies which can compromise the resources of the
organization.
3. Draft a Contingency Plan: After listing out all possible threats and risks, drafting a contingency
plan should be done. Drafting should start with the most critical risk for the organization.
4. Getting the Plan Approved: Once the plan is framed, it is presented to the top management for
approval. If any correction or revision is suggested, then it is made before finalizing the plan.
5. Share the Plan: The next step is to communicate the plan with everyone in the organization.
This avoids any state of confusion from the minds of the employees.
6. Revisit the Plan: No matter how good and effective a contingency plan is, it should be revisited,
revised and maintained so that the changes can be managed.

SELF-ASSESSMENT QUESTIONS – 5
Fill in the blanks:
14 Contingency planning is a reactive strategy to take action after something has happened in the
organization. (True/False)
15 Contingency plans are an essential part of the growth of a business continuity strategy because
they help ensure that the organization is ready for anything. (True/False)

Unit: 10 – Business Continuity Plan 17


DMBA212: Strategic Management and Business Policy

7. SUMMARY

• A Business Continuity Plan or BCP is a plan which is a process an organization adopts to prevent
and recover from potential threats which can hamper an organization. The BCP is a part of
disaster management. It ensures that the human resources and other assets of the organization
are protected and able to function in a crisis as well.
• Strategic management is a process of formulating, implementing, evaluating and controlling the
strategies to achieve an organization’s strategic intent. It is a course of decisions and actions that
lead to the development of an effective strategy or strategies to help in achieving the corporate
objectives.
• Business Continuity Policy is a set of standards and guidelines that an organization commits to
ensure sustainability and risk management. Business continuity policies vary from
organization/industry and require periodic updates as technology emerges and business risks
change.
• A Business Contingency Plan is a course of action that an organization will take in the case of an
unexpected event or situation. Sometimes a contingency could be positive -- like unexpected
outbursts of revenue-- but most often, the word refers to a negative event affecting an
organization's dignity, financial health, or ability to stay in business.

Unit: 10 – Business Continuity Plan 18


DMBA212: Strategic Management and Business Policy

8. GLOSSARY

Business It refers to the activities in which a business is engaged on a regular basis


-
Operations to enhance the value of the organization and to earn profit.

Contingency is an event that could possibly happen in the future, which


Contingency -
can cause problems and is unexpected.

It is a sudden accident or a natural accident that can cause great damage


Disaster -
or loss of life.

A policy is a deliberate set of principles for guiding decisions and


Policy -
achieving meaningful outcomes.

A restoration is an act of restoring or bringing back something to a former


Restoration -
condition.

Strategy - It is a plan of action that is designed to achieve a long-term objective.

Unit: 10 – Business Continuity Plan 19


DMBA212: Strategic Management and Business Policy

9. CASE STUDY

Birla Sun Life Insurance


Birla Sun Life Insurance is one of the few Indian companies to have a fully operational business
continuity plan (BCP). It consists of a response plan to restore and recover operations for critical
processes within a predetermined time after a disaster. The plan will ensure minimal impact to the
organization, its people, and most importantly, its customers. The objective is to have a planned
response in the event of any contingency, ensuring recovery of critical activities within agreed time
frames. The plans would comply with various regulatory requirements and minimise the potential
business impact to the company. Additionally, it helps to create a system that fosters continuous
improvement of business continuity management.
Highlights of the plan are as follows:
• Crisis management, and incident response
• Data back-up, data and system recovery documented in the Disaster recovery plan
• Recovery of all critical business functions and supporting systems
• Alternate recovery sites if primary location is unavailable
• Communication with customers, employees and other stakeholders
• Assurance to customers that they will continue to receive optimum customer services at all
times

Source: http://insurance.birlasunlife.com/Pages/Individual/About-Us/BusinessContinuity-
Plan.aspx

Unit: 10 – Business Continuity Plan 20


DMBA212: Strategic Management and Business Policy

10. TERMINAL QUESTIONS

Short Answer Questions


1. Discuss Business Continuity Planning.
2. Discuss Business Continuity Planning in terms of strategies and its implementation.
3. What is Contingency Planning?

Long Answer Questions


1. Elaborate on the significance of Business Continuity Planning.
2. Describe the process of creating a Business Contingency Plan.

Unit: 10 – Business Continuity Plan 21


DMBA212: Strategic Management and Business Policy

11. ANSWERS

11.1. Self-Assessment Questions


1. B. Business organization analysis
2. D. Personnel
3. True
4. Building planning
5. D. Assess the impact of disruptions for a longer period
6. B. Business Impact Analysis Phase
7. D. All the above
8. Operational, financial
9. D. All of the above
10. Restoration
11. False
12. Disruption
13. Risk management
14. False
15. True

11.2. Terminal Questions


Short Answer Questions
Answer 1: A Business Continuity Plan is the creation and implementation of a practical plan of how
an organization will recover and restore at least partially or completely within the desired timeframe
as and when disaster occurs.

Answer 3: Businesses need to be organized not only for the present and for the future. This means
business continuity and the need for sustainability. Sustainability requires understanding and
analysis of the environment. Business fluctuations and disruptions can occur because of natural
disasters, such as, floods, earthquakes, hurricanes, etc. To counter and overcome these threats or
disasters, planning for business continuity is important.

Unit: 10 – Business Continuity Plan 22


DMBA212: Strategic Management and Business Policy

Answer 4: Contingency planning is defined as a plan and procedure which is designed to assist an
organization in responding to an event or crisis that may or may not happen. This plan works as an
alternative action if the events and tasks do not function as they are planned.

Long Answer Questions


Answer 1: Businesses often have a wide range of risks, ranging from small to large disasters. Business
continuity planning is intended to help the company continue to operate in the event of major
disasters such as fires. Think of a financial company based in a big city. Significance of Business
Continuity Plan for a business is as follows:
• Be better prepared to handle the unexpected.
• Have security measures.
• Continue working even after a disaster.
• Build confidence among customers.
• Build confidence among employees.
• Maintain its company image and revenues.
• Ensure compliance with industry standards.
• Develop a strong organizational culture.

Answer 3: A business contingency plan is a course of action that the organization will take in the case
of an unexpected event or situation. The process of the business contingency plan is as follows:
1. Identify and prioritize resources: Thorough study of the organization should be done first and
all the key resources of the company such as teams, departments, tools, machines, facilities etc.
should be identified and listed out.
2. Identify the key risk areas: In this step, all those areas requiring more attention being more
vulnerable towards risks should be identified. Meeting with teams, managers and other
executives has to be done to get information about the contingencies which can compromise the
resources of the organization.
3. Draft a contingency plan: After listing out all possible threats and risks, drafting of the
contingency plan should be done.
4. Share the plan: Once the organization has written the contingency plan and is approved, the next
step is to communicate the same with everyone in the organization.

Unit: 10 – Business Continuity Plan 23


DMBA212: Strategic Management and Business Policy

5. Revisit the Plan: No matter how good and effective a contingency plan is, it should be revisited,
revised and maintained so that the changes can be managed.

Unit: 10 – Business Continuity Plan 24


DMBA212: Strategic Management and Business Policy

12. SUGGESTED BOOKS AND E- REFERENCES

BOOKS:
• Kazmi, A., & Kazmi, A. (2020). Strategic Management. The McGraw-Hill Companies.
• Lawrence R. J., (2005). Business Policy and Strategic Management, Frank Bros. & Co. Ltd.

REFERENCES:
• Business Continuity Plan viewed on 12May 2021, <https://facilityexecutive.com/2019/11/5-
step-guide-to-creating-a-business-continuity-plan-that-works/>
• Business Continuity Plan, viewed on 12 May 2021 <https://www.ctrls.com/lp/business-
continuity-
plan/?source=&medium=&campaignid=13071772957&adgroupid=127511020972&keyword
=business%20continuity%20plan&matchtype=e&device=c&network=g&creative=521136268
255&gclid=CjwKCAjwy42FBhB2EiwAJY0yQprAZat1SU-NONtPVtjAw8CkBLcfMYtRb-
4wjLFT3k3dJfNC8sXRKhoCo1EQAvD_BwE

Unit: 10 – Business Continuity Plan 25

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