As discussed in our Risk Management Section, organizations of all types and sizes face internal/external risks and unplanned events that can have a devastating effect on the viability of the organisation to function and continue to trade.
Crises come in many forms; fire, flooding, earthquakes, damage to stock, IT system failure, industrial action, sabotage or illness to key staff are amongst many permatations that can make it difficult or impossible to continue to trade in a normal manner.
But with good Business Continuity Plannng ( BCP ) you can effectively but plans in place to minimise the potential impacts of a disaster and through the evaluation period, the business can identify all the core potential risks and ideally but preventative actions in place to remove the threat.
Identify and prioritize potential business risk and disruptions based on severity and likelihood of occurrence.
Business Impact Analysis
Collect information on a wide range of areas from recovery assumptions and critical business processes to interdependencies and critical staff.
Strategy & Plan Development
Develop plans for department, division and site level contingencies.
Plan Testing, Training & Maintenance
Review and update plans bi-annually and conduct regular training exercises for employees.
Call Cougar Hanson on 01522 837261 now for more information on Business Continuity Planning
Clive Hall, Secretary, LGTA (Lincoln Group Training Association) www.lgta.co.uk