Business continuity planning
Events like fires, floods and bad weather are regularly shown on national
and local news. But what would be the effect if this happened where you work?
Eighty per cent of small businesses affected by major incidents close within
18 months. Ninety per cent of businesses that lose data from disasters shut
within two years. Business Continuity Plans can help organisations safeguard
against the problems caused by major incidents.
What is a business continuity plan?
It is a process that helps an organisation reduce or remove risks which
affect the business. If this is not possible, it puts plans in place, to
be used if the worst happens. A business continuity plan will ensure that
the impact of an emergency on your business is minimized. It will help your
business handle the emergency, continue to function and recover effectively
afterwards.
A plan does not have to be complex. Simple plans are often the best and
cost nothing but a bit of time. They are often best prepared in-house: after
all who knows the business best?
Organisations with plans in place are in a good position when trading with
others. in fact many organisations insist suppliers have Business Continuity
Plans in place, a requirement becoming more common.
|