How would your business cope in a crisis? Do you have plan to recover if anything happens? Or are you just leaving it to luck?
Sections in this guide (click title to view)
- 1. What is Business Continuity Management (BCM)?
- 2. Business Continuity Plan (BCP)
- 3. Useful resources
1. What is Business Continuity Management (BCM)?
Business continuity management is the practice of looking and seeing what risks there are to your business and then planning to make sure the business can continue to operate and return to normal if the unexpected happens.
Some insurance companies are setting their level of business interruption premiums according to the speed at which an organisation is able to resume business. Several large businesses are starting to insist on suppliers having robust business continuity management processes in place before they will trade with them.
Despite recent high-profile threats to businesses hitting the news - from terrorist attacks, extreme weather, petrol blockades, fires and trade disputes - research has found that the UK's small and medium-sized enterprises are gambling on their futures by not having these plans in place.
2. Business Continuity Plan (BCP)
The Business Continuity Plan is designed to help prepare your business to cope with the effects of an emergency or crisis. It would also provide the basis for a relatively quick and painless return to 'business as usual' regardless of the cause.
There are five steps to take: * analyse your business * assess the risks * plan and prepare * share your plan * test your plan
3. Useful resources
London Prepared On this website you'll find:
- Business continuity plans rehearsal
- Contingencies planning generic instructions
- Emergency pack
- Recovery plan for small and medium-sized enterprises
- Risk assessment diagram
- Risk rating matrix
- Staff contact tree diagram
- Ten minute assessment
Emergency Response Planning Team
11th Floor - International House
London SW9 7QE
Tel: 020 7926 1000
Please visit The Business Continuity Institute which is the world’s leading institute for business continuity.
Preparing for your Business, please visit Mayor of London preparing for your Business