Attention University Planners: Business Continuity and Impact Assessment Initiative Begins Heading link
We are excited to announce that our university is migrating to the Riskonnect Business Continuity & Resilience (BCR) platform. This advanced system will streamline our business continuity and crisis management efforts by centralizing all critical data, automating plan reviews, and enabling real-time response coordination. With Riskonnect, we can efficiently identify vulnerabilities, ensure compliance, and enhance our overall operational resilience.
What Does This Entail?
- Business Continuity Planning (BCP): The BCP process will equip us with dynamic, easily accessible plans that can be activated in real-time during any disruptions. This effort centralizes all necessary information, allowing for streamlined communication and coordination across departments to minimize downtime and manage crises effectively.
- Business Impact Analysis (BIA): Through the BIA process, we will assess and identify critical areas of operation, measure the potential impacts of various disruption scenarios, and develop response strategies. By modeling plausible scenarios, we will uncover hidden vulnerabilities and gaps, ensuring a robust response plan that can adapt to different challenges.
College / Major Admin Value
- Proactive Risk Management: Identifying potential vulnerabilities before they lead to major disruptions helps protect our university from financial loss, reputational damage, and operational setbacks.
- Enhanced Resilience: With an automated and integrated approach to business continuity, we can confidently manage crises while maintaining service delivery, even under challenging circumstances.
- Improved Regulatory Compliance: This process aligns with recognized international standards (e.g., ISO 22301, COOP), ensuring we meet the increasing regulatory demands for operational resilience.
This initiative will involve collaboration across various university departments. Your participation is essential in building a resilient and prepared institution. More details, including timelines and next steps, will follow soon. Stay tuned for updates as we move forward in securing our university’s operational future.
Business Continuity and Impact Assessment Heading link
Guide to Business Continuity and Disaster Recovery Planning Heading link
These guides explain the basic concepts of a Business Continuity / Disaster Recovery Plan and the steps needed to develop your college, department, or unit-specific plan.