A plan for the unplannable. It sounds like an oxymoron, but that’s the concept behind a business contingency plan: Preparing for potential risks to your company to ensure as much business continuity as possible, even when the unexpected happens. Every business faces upheaval, disruption, and ...
A good continuity plan takes into account: Employees Customers Investors or shareholders Your community But even good plans run the risk of excluding key players, like contractors , part-time employees, and interns. In trying to make a solution that fits everyone, it’s easy to overlook individu...
How to build a successful business continuity planRossi, Ben
or perform their usual functions. Once you’ve defined the threats you face, make a plan to outline a process for responding to those threats. This will help you protect
Business growth doesn’t trend in a straight line. Where’s the fun in that? There will invariably be setbacks, some bigger than others. To survive, it is crucial to be prepared for adversity. In this article, we’ll explore what a business continuity plan is, what elements make up a ...
Step 1: Form the business continuity management team. Your organization’s business continuity team implements and executes the business continuity plan. The makeup of your team is dependent upon the size of your company and how you plan to roll out the program. At a minimum, your business co...
Henriette adds:“Other things to consider are: what is the impact of losing staff? And do we need to increase hours for the existing staff to make up for that workload?” “It is then very much a priority of the Resource Team to say, if it’s a loss of staff, what is the impact...
Building a Business Continuity Plan: Size Up Your Risks Business continuity planning begins with assessing how potential risks to your business will impact your ability to deliver products and services. By having a financial analysis of the impact of those risks, you will be able to prioritize the...
How did business continuity plans come to be? Before the details of a business continuity plan can be figured out, there must first be alignment around what it even is. Some believe it’s synonymous with a disaster recovery plan, but a disaster recovery plan is actually a component of a ...
A business continuity plan refers to the steps a company takes to help it continue operations during a crisis. In order to write a business continuity plan, you gather information about key people, tools, and processes, then write the plan as procedures and lists of resources. To make forma...