Business continuity planning

What would you do if your business was involved in a major incident? If your answer is ‘I don’t know’ you may need our help in arranging business continuity planning for such unforeseeable events.

Why is this important?

Business continuity planning for the impact of a major incident is increasingly recognised as an essential component of a good risk management strategy. While traditionally businesses considered such scenarios as fire, flood or illness, the risks of serious disruption are steadily increasing due the greater complexity of modern business and the increasing range of potential threats.

  • It is estimated that one in five businesses will suffer a major disruption in the next five years.
  • 80% of business affected by major incident close within 18 months
  • 90% of businesses that lose data are forced to stop trading within two years

There are mounting pressures from corporate governance and insurers, and customers are demanding that sound business continuity plans are produced to enable speedy and effective recovery from a crisis.

Should you be faced with such an incident, a comprehensive business continuity plan will give you everything you need for your business to continue to operate until such time as you are able to return to normal.

How we do it

Our aim is to help you to formulate a plan which allows you to anticipate risks and to develop contingency plans to allow you to reduce the duration of the business interruption by reducing the time taken to work out how to recover from the crisis. We examine four main steps:

  • A threat and vulnerability matrix will identify how threats might materialise
  • An action plan will help you to respond to different scenarios
  • Linking the action plan to resources will identify the people, facilities or infrastructure needed to complete the actions
  • Supporting procedures will help establish the crisis management team