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Developing a Business Continuity Plan for the Canadian Memorial Chiropractic College by Marissa Armstrong B.Sc. (Hons), University of Toronto, 2014A Masters Project Submitted in Partial Fulfillment
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01
Identify the key processes and resources of your business that need to be protected in case of a disruption.
02
Assess the potential risks and threats that could disrupt these key processes and resources.
03
Develop a plan for how your business will respond and recover from these disruptions.
04
Clearly define the roles and responsibilities of your employees in implementing the business continuity plan.
05
Test and evaluate the effectiveness of the plan through regular drills and exercises.
06
Update the plan regularly to account for any changes in your business or the external environment.

Who needs developing a business continuity?

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Any business or organization that wants to ensure its ability to continue operations in the face of disruptions or disasters.
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Developing a business continuity involves creating a strategy and plan to ensure that an organization can continue operating during and after a disruptive event. This includes identifying potential risks, establishing recovery procedures, and ensuring essential business functions can be maintained.
Typically, organizations that are subject to certain regulatory requirements, especially in industries such as finance, healthcare, and critical infrastructure, are required to develop and file a business continuity plan.
To fill out a business continuity plan, organizations should outline key sections such as risk assessment, business impact analysis, recovery strategies, communication plans, roles and responsibilities, and training procedures. Each section should be detailed and tailored to the specific needs of the organization.
The purpose of developing a business continuity plan is to minimize disruptions to operations, protect organizational assets, ensure the safety of employees and stakeholders, and enhance the organization's resilience against unforeseen events.
Information to be reported typically includes risk assessments, impact analyses, recovery strategies, critical business functions, resource requirements, training plans, and contact information for key personnel involved in the execution of the plan.
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