Business Continuity Strategies
What is a Business Continuity Strategy?
Keeping the ISO-22301 definition of Business Continuity in mind, the aim of a Business Continuity Strategy should be:
“To continue the delivery of products and services at predefined capacity during a disruption”
So a Business Continuity strategy should:
Meet the Minimum Business Continuity Objectives (MBCO)
Legal and regulatory requirements
Contractual commitments
Quantity, Quality, time commitments with the customers
Practical
Cost Effective
An effective business continuity strategy should be specific to the needs of an organization
It should be:
Able to meet the MBCO
Practical
Cost effective
Business Continuity Strategies should be regularly reviewed and updated to remain relevant and effective.
A strategy considered effective today may not be effective in 6 months.
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The Business Continuity Conference, 25th October 2023 in Riyadh - Mr. Atiq Bajwa
1. The Business Continuity Conference,
25th October 2023 in Riyadh
Sheraton Riyadh Hotel & Towers
Speaker Mr. Atiq Bajwa
Director, Enterprise Risk Management
3. 1 What is a Business Continuity Strategy?
2 Aim of Business Continuity Strategies
3 Typical Business Interruption Scenarios
4 Typical Business Continuity strategies
Contents
Effective Business Continuity 3
2
4. Business Impact Analysis
Risk Assessment
BC Strategies
Business Continuity Plan
Exercise & Test
01
02
03
04
05
4
What is a Business Continuity
Strategy?
3
Effective Business Continuity
5. Keeping the ISO-22301 definition of Business Continuity in mind, the aim of a Business
Continuity Strategy should be:
“To continue the delivery of products and services at predefined capacity during a
disruption”
So a Business Continuity strategy should:
• Meet the Minimum Business Continuity Objectives (MBCO)
Legal and regulatory requirements
Contractual commitments
Quantity, Quality, time commitments with the customers
• Practical
• Cost Effective
5
Aim of a Business Continuity
Strategy
4
Effective Business Continuity
8. 8
Technology failure - IT
Redundancy (UPS, back-
up power, multiple
telecom providers)
Mirroring and Disaster
Recovery
Data Backup
Manual workarounds for
critical processes
7
Effective Business Continuity
9. 9
Technology – Manufacturing / other
Equipment / system
redundancy
Preventive and
Predictive Maintenance
Spare parts Inventory
Management
Out-sourcing
8
Effective Business Continuity
11. 11
Supply chain – Upstream (supplier side)
Supplier and
vendor
Diversification
Minimizing
Single / Sole
source
suppliers
Transportation
and Logistics
Redundancy
Safety Stock
and Inventory
Management
of raw
materials
10
Effective Business Continuity
12. 12
Supply Chain – Downstream (Customer side)
Customer
Diversification
Long-Term
Contracts and
Agreements
Distribution
and
Warehousing
White
labelling
Swap
arrangements
11
Effective Business Continuity
13. An effective business continuity strategy should be specific to the needs of an
organization
It should be:
• Able to meet the MBCO
• Practical
• Cost effective
• Business Continuity Strategies should be regularly reviewed and updated to remain
relevant and effective.
• A strategy considered effective today may not be effective in 6 months.
13
Summary
12
Effective Business Continuity
14. CONTINUITY & RESILIENCE
Abu Dhabi, United Arab Emirates
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Info@continuityandresilience.com
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