An Review of Business Continuity

Company continuity organizing, encompassing disaster recovery, minimises the impact of an incident on an organisation by ensuring alternate processes are in place for key operational functions. Business continuity planning looks to preserve assets along with an organisation’s capability to achieve its mission, retain acceptable levels of productivity, customer service, and eventually to remain in business.

Can a business be too small for business continuity planning? Business continuity planning is not consigned to large organisations; any provider of your products or services, whether it is financial, manufacturing, distribution or sales, is evenly encountered with the consequences of a disaster. Do you think you’re prepared if something wrong happens?

Surely a small business continuity plan is unnecessary if adequate insurance is in place?

Quite simply insurance isn’t going to buy back lost business, it only provides money. If this is not received immediately it might adversely affect income, subsequent profits and client goodwill. Studies suggest that typically only 60% of actual losses are covered. Could your organisation survive the loss? Disaster really doesn’t just occur following an incident on a grand scale. A small incident, over a short time, impacting a key process, could severely disrupt a company; for instance, an incident in the local area that requires evacuation of the premises for hours or even days. Computers still run, phones still work and infrastructure is unharmed but there is no access to any of it until the incident is resolved. Interruption threats come from multiple sources; some more likely than others. Premises may be substantially flooded, destroying servers, or an organisation could be the victim of theft. A business continuity plan examines the prospect of this happening and considers a reply in accordance with raise the risk.

It is crucial which usually would be addressed first following an incident. Who would be contacted first? Would staff be notified? To get this done you’ll want to examine your organisation, its people, its critical processes and the way these are generally dependent upon considerations such as IT and infrastructure support, internal dependencies and suppliers.

Incident containment and recovery solutions are numerous and varied. If a flood for example, prevented access to your premises, could client service levels continue uninterrupted? The potential risk of this happening would be greatly increased by your staff logging into sites from home until full recovery is achieved. Without plans such as this in place how could you convey a level of operational confidence to your clients?

Presently there a wide range of factors and aspects of business continuity. It is very important be realistic and think sensibly about how your organisation would cope with a disruptive incident. Business continuity is about mitigating the impact of this incident by minimising financial losses and protecting your organisation’s reputation.

The solutions are not just quick fixes but long-term considerations. You possibly can survive in a situation, although not necessarily simple to get over over time impact.

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