Business Continuity Planning (BCP)

All companies are exposed to a range of natural and man-made disasters. Experience has proven that companies which are unprepared for a disaster are less likely to survive one, regardless of the company’s fiscal condition or insurance coverage.

Identifying business interruption risk, quantifying the potential impact to your company, developing mitigation strategies, and preplanning for a disaster are the keys to survival. These tasks are generally referred to as Business Impact Analysis (BIA) and Business Continuity Planning (BCP).

In an age of lean manufacturing, outsourcing, and financial uncertainty, risk managers are faced with the daunting task of keeping abreast of their company’s Interdependent/Contingent Business Interruption Risk (IBI/CBI). But the need is greater than ever when you consider the following factors:

  • Regulations and standards such as ISO 22301, ISO 31000, NFPA 1600, and Sarbanes – Oxley hold officers accountable
  • Greater sensitivity to interruption of revenue stream from natural and man-made disasters
  • Increase in disasters (man-made and natural) with an extensive history of failures
  • Increased insurer focus on BCP/supply chain loss potential

Why choose TÜV SÜD GRC as your BCP development partner? Our experts will use our knowledge of your company, industry, equipment, production bottlenecks, and exposures as the key components of the BCP process.

Client Tools:

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Business Continuity Planning (BCP) Brochure Business Continuity Planning (BCP) Brochure
Brochure

Business Continuity Planning

Learn more about why you should choose TÜV SÜD GRC as your BCP Development Partner.

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Business Interruption and Property Damage Hazards Business Interruption and Property Damage Hazards
White paper

Business Interruption Property Damage Hazards

Global operations must understand risk exposure tied to utility failures

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Weathering the Storm Weathering the Storm
White paper

Weathering the Storm

Understand the business risks caused by natural hazards, 3 key aspects of risk mitigation and management and more.

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