The companies may be affected by a number of hazards that can cause a loss resulting in downtime and loss of profit. These risks may adversely affect the businesses to the point where no planning in place, it is estimated that more than half of them do recover in their respective markets.
The exposure can be one of the following risks, but not limited to:
natural disaster
• Hurricane
• Tornado
• Flood
• Earthquake
• Ice Storm
economic factors
• recession - local
• recession - global
• civil Unrest (Occupy Movement)
Man-Made Conditions
• fire / explosion
• Lockout work
• disturbance Utility
• terrorism
• Cyber terrorism
the objective of continuity planning activities is to minimize the downtime of the company is exposed and for maintaining critical operations during the restructuring period. In planning the company can ensure that critical business activities continue immediately after a disaster. Preplanning can also help the company avoid purely automatic reactions instead of carefully planned the thought which in turn can avoid costly mistakes.
But usually what happens when there is no planning in place, the reconstruction of the operation may take longer and cost more than necessary
Here's an example: .. fire in your building
Phase 1 :. the original investigation to determine what happened
Phase 2: Clean Up and debris removal
Phase 3: Develop plans
Phase 4: get permits
Step 5: Work to restore the pre-fire operations
Phase 6 :. Reconstruction
what to expect during the reconstruction if you do not have a business continuity plan:
- Decrease in employee retention If you can not retain employees during the reconstruction period, you. losing trained and skilled workers. Expect to start the process of rehiring and retraining.
- delays. Although the building is the equipment could be ordered but delivery will coincide with the completion of the building. Expect a couple of weeks to set-up and test the equipment and adjust the settings to your specifications.
business continuity plan centers on what a company will do in the case of an interruption of their operations. It identifies the cause of loss and crisis management plan (the plan to act in that loss.) Your company can afford to go without a business continuity plan? Learn more about continuity planning.
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