Gill Advisors Inc. Professional services firm creates solutions for corporations that integrate real estate strategy into the process of Business Continuity Planning.
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Business Plan __NOTOC__ A business plan is a summary of how a business owner, manager, or entrepreneur intends to organize an entrepreneurial endeavor and implement activities necessary and sufficient for the venture to succeed. It is a written explanation of the company's business model.
Business plans are used internally for management and planning and are also used to convince outsiders such as banks or venture capitalists to invest money into a venture.
Business Continuity Planning Business Continuity Planning (BCP) is a methodology used to create a plan for how an organization will resume partially or completely interrupted critical function(s) within a predetermined time after a disaster or disruption. BCP may be a part of a larger organizational effort to reduce operational risk associated with poor information security controls, and thus has a number of overlaps with the practice of risk management. The International Standards Organization and the British Standards Institute set BCP best practices under ISO/IEC 17799|"ISO/IEC 17799:2000 Code of Practice for Information Security Management" and "BS 7799 Information Security" respectively. A completed BCP cycle results in a formal printed manual available for reference before, during, and after disruptions have occurred. For the purposes of this article, the term disaster will be used to represent natural disaster, man-made disaster, and disruptions. Business Continuity Planning is not a new concept; plans for disasters, like Noah's Ark, are evidenced from the beginning of human history. In the years prior to January 1, 2000, governments anticipated computer failures, called the Y2k problem, in important social infrastructure like power, telecommunication, health and financial industries. Regulatory agencies subsequently required those industries to formalize BCP manuals to protect the public, those new regulations often based on the formalized standards defined under ISO/IEC 17799 or BS 7799. Regulatory and business focus on BCP arguably waned somewhat due to the problem-free Y2K rollover. This lack of interest unequivocally ended September 11th 2001, when simultaneous terrorist attacks devastated downtown New York City and changed the 'worst case scenario' paradigm for business continuity planning (http://www.continuitycentral.com/feature003.htm).
Business Continuity Institute The Business Continuity Institute (BCI) is an international organization established in 1994 to help its members promote business continuity management to global organizations and companies.
It currently holds over 1650 members in 45 countries.
Business Continuity Management According to the Business Continuity Institute (BCI), business continuity management is a holistic management process that identifies potential impacts that threaten an organisation and provides a framework for building resilience with the capability for an effective response that safeguards the interests of its key stakeholders, reputation, brand and value creating activities.
Disaster recovery and business continuity refers to an organization’s ability to recover from a disaster and/or unexpected event and resume and continue operations. Organizations should have a plan in place (usually referred to as a "Disaster Recovery Plan", or "Business Continuity Plan") that outlines how this will be accomplished. When conducting an audit of a disaster recovery plan the following factors should be considered: