Business continuity planning
Why you need a business continuity plan
No matter how carefully you assess your risks, unforeseen events still occur. That’s why a business continuity plans so important – just in case. Our expert partner can help you to proactively reduce the impact of disruption, allowing your business to return back to normal as quickly as possible.
- Identifying your risks
They help to identify each threat likely to affect your business, the impact it would have and the estimated time it would take to recover.
- Identifying your critical areas for success
They help to identify areas crucial to your ongoing operation and the steps needed to improve resilience and enable your business to continue in the face of a threat.
- Creating a response plan
They can help you create a plan that details your immediate emergency response, helping you maintain an acceptable level of service to customers while you get back on your feet.
Expert help from our specialist partner’s business continuity planners
The team are risk management speciliasts and help clients review, identify, and where possible, mitigate the level of risk they face. They can help you throughout the planning process to put your business in the best possible position to cope with an unforeseen event.
Sections your business continuity plan might include...
- Direction and control
This section of your plan details how you will manage resources, analyse information and make decisions, depending on the size of your company and your existing resources.
In the event of an incident, the ability to communicate quickly with employees is crucial. A robust communication plan is needed to report emergencies and keep key stakeholders updated on the situation.
- Health and safety
This will define your processes for evacuation, accountability, shelter and preparedness during a crisis, which is crucial for a successful plan. Protecting the health and safety of everyone in the facility should be your first priority during an emergency.
- Property protection
This should detail how facilities, equipment and vital records will be protected. It is essential to restoring operations once an emergency has occurred.
Your businesses relationship with the community will influence the ability to protect personnel and property and return to normal. This determines the best ways to encourage external businesses to support you through the incident and your business's recovery.
- Recovery and restoration
Business recovery goes right to your bottom line, keeping people employed and the business running. It contains your strategy for logistics, distribution, operations, product and service development, marketing, sales, management as well as human resources during a crisis.
Frequently asked questions
Business continuity is defined as the capability of an organisation to continue the delivery of products or services at acceptable predefined levels following a disruptive incident. Managing business continuity is essential to effectively react to any incidents beyond your control. If managed well, your business can continue at acceptable levels despite an insured event, allowing you to continue delighting your customers and keeping your cash flow and reputation intact.
- Gather business and safety resources in one place
- Identify and prioritise key business functions and specify recovery times
- Detail how you’ll meet your recovery times if an incident occurs
- Determine function specific plans
- Create a recovery checklist
- Identify an emergency response team and assign responsibilities
- Ensure your employees know their roles during a crisis
- Test your plan and determine a strategy to keep it up to date
It is also a good idea to regularly test the plan against different scenarios and threats. For example evacuation procedure ensures all employees are aware of the steps to take in case of fire but and identifies any problems.
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