Business Continuity Management & Its Critical Services and Functions Essay

Business Continuity Management & Its Critical Services and Functions - Essay Example As the paper highlights this century, businesses are at significant risks, which if not well managed may end a business. Therefore, there should be minimum legislative requirements for any business continuity plan. The purpose is to enhance business security through effective disaster management plans. Increasing requirements ensures business survival after a catastrophe. However, where the law requires a business to only trade with other companies in compliance with the regulations, it would slow down if not destroy a business in totality. The minimum requirements could also lead to closure of firms not in conformity with the law. In addition, managers could face dire consequences after a disaster that would result in disruption of the entities. The regulations would be acting as a discipline to such managements. While coming up with business continuity plans, disaster management and recovery of a company after crises drive the process. In this regard, various management tools face enforcement. Some of the most important activities of the enterprise to pay attention to include business security, management of documents, audit, information system, service level agreements, among others. All these components are of great importance in ensuring the survival of a business after a disaster.