Plan out AI failure scenarios and incorporate regular testing that can handle such possibilities. Specific failures like data ...

Many small businesses are able to continue to operate during a crisis, such as a weather-related emergency, because they have continuity plans. In addition to creating a continuity plan, your company ...

Contrary to popular belief, most companies and organizations categorize business continuity planning as risk aversion or an insurance policy. Although similar, business continuity planning comprises ...

A business continuity plan provides details on how to recover from a disaster. It includes planning information for handling your business facilities, employees and information technology ...

As discussed in Part 1, the first step in Business Continuity Planning is to form the BCP Team, create the Mission, and draft the Policy. The next step is to conduct a vulnerability risk assessment.

Having a business continuity program in place is key to maintaining minimum operations and reduce recovery time during a business disruption. Business Continuity Management (BCM) is about preparing ...

The single biggest threat to an independent financial advisory practice with one owner or one primary advisor is not the lack of a succession plan; rather, it is the lack of a plan to ensure the ...

Whether hurricanes, pandemics, wildfires, or other catastrophes like unanticipated shutdown orders, most companies are not immune to unplanned business interruptions. And while there are many legal, ...

Research suggests that half of all financial advisors don’t have a succession plan for their business. Though advisors build their careers around helping clients prepare for the future, it seems many ...

Why many business continuity plans are already outdated and ineffective, highlighting three warning signs, while urging companies to adopt dynamic, modern strategies that match today’s decentralized, ...

Many software providers offer BCM solutions that assist organizations in planning for and responding to disasters. The following BCM platforms are among the leading products within the category. The ...