What is BCP – Business Continuity Plan?

The Business Continuity Plan (BCP) development is the potential or current risks’ impact assessment (e.g. Covid-19 pandemic) on a company’s departments and procedures. It determines the appropriate planning and technical measures for the smooth continuity of operations during and following the crisis.

It aims at protecting the interests of the parties involved in company’s operation, as well as safeguarding its reputation, credibility and viability.

 Business Continuity Plan benefits

• Enhanced procedural operation and efficiency, by redesigning critical operational procedures
• Improved resilience and ability to respond effectively to risks, aiming at minimising revenue loss and possible downtime
• Documented and reliable information to stakeholders (e.g. shareholders, staff, partners, customers, entities) on the measures taken to ensure services and products’ continuity
• Improved analysis and management of legislation requirements for workers’ health and safety
• Boosting management and staff’s morale, thus making jobs safer and business operation smoother

Role of IDEC S.A.

• Business Impact Analysis (BIA) implementation: Risks’ and impacts’ identification and assessment to be managed per procedure
• Business Continuity Plan (BCP) drafting: determination of preventive and corrective measures, guidelines and action plans
• BCP support through other services such as:
  1. Digital marketing
  2. Certification based on international standards,
  3. GDPR consulting support
  4. Websites and e-shop development
  5. Training of BCP management team and stakeholders
  6. Training in planning and management of remote work
  7. Training on web-based customer/project/work management applications
  8. Submission of grant proposals
  
  

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