Business Continuity

Overview

 

A Business Continuity plan provides the structure for recovering its critical processes as quickly as possible so that they can continue minimise the impact on customers, suppliers and staff.

 

We all hope it will never happen but every day businesses face an event that causes major operational disruption or even worse. Extensive research shows that over 80% of businesses that suffer major disruption without a business continuity plan to fall back on will fail within 12-18 months. There is no typical business that needs a continuity plan because the truth is that every organisation needs to be able to survive disruption or disaster.

 

How would your business deal with:

 

  • events such as flooding, heavy snowfalls or prolonged loss of power supply .
  • The collapse of a major supplier or interruptions of supply  – 74% of organisations admit to supply chain problems.
  • IT hardware failure, data loss or corruption suffered by almost 40% of businesses every year.
  • Disruption caused by acts of terrorism, insurgency or civil disobedience.
  • Health pandemics

 

Business Continuity is based on the global standard, BS25999 and involves:

 

PLAN:           Discuss, agree and establish a busi­ness con­tinu­ity policy and define its’ object­ives,

                      con­trols, pro­cesses and pro­ced­ures

DO:               Analyse the needs and then implement the strategy

CHECK:        Continuously monitor and review per­form­ance against defined object­ives
ACT:              Take pre­vent­at­ive and cor­rect­ive action to ensure con­tinu­ous improvement

 

(PLAN) Estab­lish a Business Continuity plan

  • Clarify your busi­ness con­tinu­ity object­ives and scope – identify the appro­pri­ate

resources and allocate accountability.

  • Train those involved in Business Continuity to ensure their capability in a recovery situation.

 

(DO) Design, implement and carry out the plan

  • Carry out a Business Impact Assessment to analyse where your critical processes

are vulnerable

  • Do a risk assessment to assess how to address the risks
  • Decide how to react to the identified risks
  • Identify the points ‘from’ which (RPO) and ‘to’ which (RTO) the critical process

needs to be restored

  • Create a strategy that meets both the RPO and RTO needs
  • Allocate the appropriate teams and responsibilities
  • Rehearse the initial plan

 

(CHECK) Monitor and Review the BCMS

The plan needs to be mon­it­ored and reviewed on a regular basis to ensure it remains useful.

  • Internally, if the business already has an internal auditing func­tion
  • Annual Man­age­ment Review – to review the internal and external activ­ity and resources
  • Externally, using an objective and impartial review of the plan

 

(ACT) Main­tain and Improve the BCMS

BS25999 which is the recognised standard for Business Continuity planning recommends that businesses con­tinu­ally review the general effective­ness of their plan and improve the

pre­vent­at­ive and cor­rect­ive action contained in it.

 

Our Capabilities

 

Signa provides access to specialist qualified advisors with Business Continuity expertise and first-hand experience of implementing following disaster or disruption.

 

 

If you would like  more information on how Signa can help please call us on 01494 562738 or send us a message.

Signa Ltd

15 Battingswood Gardens

Naphill

Bucks HP14 4SR

Tel: 01494 562738

info@signabusinessadvisers.com

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