Business continuity planning
What?
A Business Continuity Plan (BCP) is the capacity your company has in maintaining the output of its products or services with optimal efficiency, in the event of disruptive or unforeseen circumstances such as natural disasters, unexpected outages, pandemics, or cyber attacks. Creating a BCP includes mapping your business processes as well as your assets, human resources, and business partners, to identify potential threats to your company. This plan is your company’s point of reference in increasing preparedness and ensuring all relevant personnel are equipped to function quickly and effectively to recover from a disturbance and preserve continuity. As businesses look to mitigate disturbances, maintain operations, while modernizing and future-proofing themselves, the formulation of a BCP has risen to the top of the executive agenda.
For whom?
Have you ever heard of a business immune to risks? We haven’t. A BCP is a critical asset to all types of companies, small or large, conducting business domestically or across the globe. Whether you’re starting your BCP from scratch or looking to update your existing plan, Herzog Strategic (HS) is able to leverage its multi-disciplinary team to offer your company an all-encompassing solution
Why?
Companies are facing more vulnerabilities than ever before, making today the day to plan and prioritize for tomorrow’s uncertainty. About half of all businesses that don’t have a comprehensive BCP will close their doors after a significant disruption and over ninety percent of all companies with no disaster recovery considerations in place encounter a disaster. Simply put, businesses are prone to disturbances of all magnitudes that if not anticipated for, can result in damaged reputations, liabilities and regulatory infractions, revenue loss, or market inferiority.
How?
HS’s six-step process will consider all your company’s processes and potential throughout the formation of a cohesive and comprehensive BCP. We will either review your current BCP or work with you to create a BCP that if your organization encounters a significant disruption or crisis, will determine how your company can react, resume, and recover and in what time frames. Our dedicated team of experts will study and analyze your current state of preparedness, provide risk assessments, update or develop tailor-made strategies and then implement, test, and train to ensure that your team understands the BCP and that it is able to demonstrate its effectiveness.
Additional Services
Simulations
Our simulations for your executive management are built to acquaint your employees with different business crises scenarios and allow them to confront dilemmas and vulnerabilities that the company might face.
DRP (Disaster Recovery Plan)
Putting a plan in place for fast system and business activity recovery if a threat has already materialized.
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