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What are the key components of an effective Business Continuity Plan?
An effective BCP includes: 1) Risk Assessment and Business Impact Analysis (BIA) to identify threats and prioritize critical functions; 2) Development of Recovery Strategies such as system redundancies and alternate workflows; 3) Communication Protocols for clear messaging during incidents; 4) Regular Testing and Maintenance through drills and updates; and 5) Defined Team Roles with ongoing training to ensure readiness.
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Fixinc provides medium to large enterprise in Oceania and ASEAN regions modernised, clean resilience solutions.
