Recovery strategies require resources including people, facilities, equipment, materials and information technology.
An analysis of the resources required to execute recovery strategies should be conducted to identify gaps.
Possible alternatives should be explored and presented to management for approval and to decide how much to spend.
Depending upon the size of the company and resources available, there may be many recovery strategies that can be explored.
Resources include: Since all resources cannot be replaced immediately following a loss, managers should estimate the resources that will be needed in the hours, days and weeks following an incident.
The worksheets Operational and Financial Impacts and Business Continuity Resource Requirements should be distributed to business process managers along with instructions about the process and how the information will be used.
Business Continuity Planning Process Diagram - Text Version When business is disrupted, it can cost money.
Lost revenues plus extra expenses means reduced profits.
We will be adding more templates shortly but you can choose from those below.
FINRA is providing a template as an optional guide to small introducing firms to assist them in fulfilling their need to create and maintain business continuity plans (BCPs) and emergency contact person lists under FINRA Rule 4370.