In simple terms Business Continuity is the process of planning and validating how to survive a disaster or incident that disrupts normal business. It describes how to prepare for, prevent, respond to, recover and restore critical functions and defines how a company will stay in business regardless of the source or scale of disruption – computer virus or crash, employee death or resignation, strike action, fire, flood, severe weather, terrorism, vandalism, robbery, pandemic illness, new legislation, random acts of God etc.
The Benefits of Business Continuity Planning
There is evidence that companies without a business continuity plan are far more likely to collapse following an incident than those with a plan in place. However, investing in an effective approach to Business Continuity can also be very attractive to senior or executive management as it brings numerous benefits to the business:
- Risk management process in place
- Reduced insurance premiums
- More operational resilience & reduced downtime
- Improved operational effectiveness
- Defined & documented recovery processes
- Compliance with Health & Safety legislation
- Improved security
- Share value protection
What Altremis can do for you
We can work with Senior Management to develop an effective Business Continuity strategy and if required set-up the Business Continuity Planning project. We'll also carry out a Business Impact Analysis to identify the most important aspects of your operations and the likely weak points. We can also design and create business continuity documentation, conduct resilience audits to check systems and processes and create test plans. If required we can also provide pre- certification, internal and supplier audits.
