Business Continuity Plan: How Your Business Can Minimize the Effects of Sudden Dangers
The Mission Statement and the Business Continuity Plan are two completely different but equally important business documents without which your business is probably destined for failure. Just what exactly will be the difference between those two extremely important business set up documents?
The Mission Statement is a quick report that sets out the way of working, ethos and ultimate aim of your business. The majority are as short as two sentences. A typical example of a site based organization might be: To try to provide our customers quickly and effortlessly, attaining only respect and devotion. A company that is more focused on prices could have a Mission Statement that states: We aim to provide the cheapest prices in our market area such that we get the maximum market share without compromising the quality of our services or lose the respect of our customers.
While you can see a company's mission statement feeds right down to staff priorities, solution qualitative and pricing, customer care goals, technology applied and market share being pursued.
Consider a company such as Ryan Air or The West Air companies which centers on reduced costs and compare it with a service based company such as Rolls Royce, Marks and Spencer, SkyLofts at MGM Grand and you can see how their various Mission Statements affects the service and goods they provide.
The business continuity on the other hand is generally a long comprehensive record that handles how your business will handle possible problems and major issues such as fire, theft, planet quakes, terrorist actions, hits etc.
Though many company owners don't like to consider these things happening to their companies or feel that it'll not happen to them a Business Continuity Plan is an very important document to not only have but often update.
A good Business Continuity Plan will look at the essential areas of a Clients, business: People, Technology, Buildings and Stock and determine what must be achieved for a particular crisis. It'll examine three different phases: Immediate motion, business preservation and last but not least time for normality.
More information is available here.
For example in the Immediate motion stage, you will see designated roles, details of contact listings and required actions to be performed if the disaster happens. The aim being to get the business up and running, only if in a minimal way. The business maintenance phase will involve looking to serve consumers in the best way and the returning to normality phase will involve returning the business to the structure it had been in before the disaster.
As you can see the Mission Statement is totally different to the disaster recovery plan, but both are quite crucial for the construction and wellbeing of any organization.