Business Continuity Terms

Business Continuity Terms Defined

Business continuity plan (BCP) - is usually defined as a procedure of putting your whole businesses back on their feet with stronger base in the event of a disaster. With this mindset, companies are now concentrating their efforts on creating a BCP so that, when unexpected disasters strike, they can minimal the damage and keep on function as normally as possible. But with numerous abbreviations and related terms that may sound unfamiliar to the average employees, or even business owners or concerned managers, understanding these common BCP terms is now vital.

Battle box - a tool box where all the important equipments and related vital information are stored. These objects and pieces of information should be carefully useful in a disaster. Typical items which include a first aid kit, laptop, highly protective equipments, and communication devices.

Business impact analysis (BIA) - a procedure to evaluate the proper impact that a disaster may have on a business. The BIA reflects what a business stands to lose if few parts of its functions are missing from them. It permits you to see the general picture of your overall business processes and find out which ones are the most essential.

Call tree - which is a combined list of employee contacts and their telephone numbers. Such call trees are used to inform out-of-office employees about a disaster. Companies can use a software program to get in touch with people through call tree by sending automated emails and text messages.

Data mirroring - a duplicate copy of data from its main source to another physical storage solution or the cloud. Data mirroring gives assurance that crucial information is secured, safe, and companies can use the copied data as support during a disaster.

Exercise - a series of concerned activities designed to test a company’s business continuity plan. When an exercise is well carried out, then there will be a proper evaluation to decide whether a BCP is properly matching the standards or not.

Hot site - an another location which is well-equipped with computers, communication tools and infrastructures to assist a valuable business recover information systems affected by the disaster.

Plan maintenance - a procedure of maintaining a company’s business continuity plan so that it is in proper working order and updated information. Plan maintenance involves scheduled reviews and updates.

Recovery time objective (RTO) - a period of time in which such companies must need to recover their systems and functions after a disaster. This is the target time for a commerce to ideally resume its delivery of products and services at acceptable level.

BT Solutions provides perfect Business continuity plans that can be a trouble-free to design and implement without understanding of their needs and requirements.