business continuity planning - uk-ghana chamber of commerce · 2020. 6. 1. · business continuity...

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Business Continuity Planning

Presentation To Members of the UK-Ghana Chamber of Commerce

By Stephen Asare

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What is Business Continuity Planning ?

Business Continuity Planning (BCP) is the process involved in creating a system of prevention and recovery from potential threats to a company. The plan ensures that personnel and assets are protected and are able to function quickly in the event of a disaster

1. Builds confidence among your customers and employees.2.Mitigate risks and financial exposure3.Serves to provide the organization with a competitive advantage.4.Provides assurance that the organization can continue operating in disruptive events5.Compliance with regulatory or legal requirements6.Preserves brand value and reputation

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q 40% of Businesses never reopen after a disasterq 25% of Businesses that reopen fail within a year after a disaster

Disasters DO NOT have to become tragedies Disasters are going to Happen Tragedies can be Prevented

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Steps

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Planning Team & Risk Assessment

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Business Impact Analysis

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Strategy & Plan Development

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Implementing your plan

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No Cost Solutions

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Solutions

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Solutions Cont’d

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Thank you

Q &A