Business Continuity
A business continuity plan lays out the procedures and guidelines that a company has to follow in the event of a crisis; it includes business processes, assets, human resources, business partners, and more.
Business activities can be disrupted at any time, with or without warning. Natural catastrophes, industrial accidents, unplanned lengthy power outages, and cyber-attacks all pose risks throughout every industry every minute of every day. Investing in business continuity consulting companies is critical for any industry. Business Continuity Planning (BCP) is an organization’s ability to maintain essential functions during and after a disaster has occurred.
BCP establishes risk management processes and procedures that aim to prevent interruptions to mission-critical services, and re-establish full function to the organization as quickly and smoothly as possible. A BCP considers various unpredictable events, such as labour strikes, social unrests, loss of staff, loss of third-party suppliers, natural disasters, fires, disease outbreaks, cyber-attacks and other external threats.
Achieving resilience starts with a comprehensive assessment of every aspect of your business, putting crisis management plans (CMP), BCP and IT Disaster Recovery Programs (DRP) in place as well as operational workarounds.
What We Do
- Define your business continuity strategy to reduce the impact of a disruption and the cost of compliance, while improving the efficiency of recovery efforts.
- Business Continuity audit – identifying your organisation’s key business areas, critical functions and recovery times within those areas.
- Analysis of risks, threats, and potential impacts – an upfront analysis of risks and threats, including scenarios, to prepare contingency responses to events.
- Testing, training, and communication – identifying gaps, develop strategies for improvement, and determining resources required including targeted staff training and communicating the benefits of having a BCP to the entire workforce.
What you get
- A relevant and well-tested BCP that helps ease the negative impacts of an unexpected and potential business disruption in many ways.
- Reduction in financial impact. Ensuring disruptions to the supply chain and critical services to customers do not significantly affect sales and revenue.
- Protection of reputation and brand. Established contingency plans for operations to resume quickly and supply customers with the products and/or services thereby reducing customer attrition and damage to brand equity.
- Mitigation of regulatory scrutiny. Customers and vendors are likely to complain when businesses fail to respond appropriately to disruptions, which may result in regulatory scrutiny or even censure. In highly-regulated industries, such as energy and financial services, business continuity planning is mandatory to ensure regulatory compliance.
- Advice on your choice of technology and software.
- Corporate Governance and Compliance.
- BCP training.