Business Continuity Management - Looking After Your Business
Business continuity simply means thinking ahead and planning, so that your business can survive if it is disrupted.
Things to consider
- What if staff can't get to work?
This could be due to strikes, closure of the transport network, severe weather, flu pandemic
- What if the premises are inaccessible?
Fire, flooding or a police cordon may prevent you gaining access to a building
- What if there is a utilities failure?
Occasionally utilities do fail and you could be left without water, power or telephones for a considerable period of time
- What if the IT fails?
This could be caused by a virus, corruption, damage to or theft of your equipment
Why is business continuity important?
- Experience shows that businesses are far more likely to survive a disaster if they have thought about it in advance, and planned accordingly.
- Banks, investors, insurers, customers and suppliers will take a company that has a business continuity plan much more seriously.
- Business continuity plans build employee confidence. Employees will appreciate the fact that the business is doing all it can to protect their safety and place of work.
- In the end, business continuity is about responsible management. It makes a business a safer place to work and contributes to financial stability.