The task of introducing the concepts of Business Continuity can seem daunting at the outset. One tends to be overwhelmed by the magnitude of the task in anything other than a very small business. Even in the latter case, the problem seems no smaller, because there are also fewer people to assist.
This Monday Tip is to divide and conquer. The old saying that the only way to eat an elephant is “one piece at a time” seems apposite at this point.
Spend a bit of time getting to know your business and identifying the activities that are critical to its continued success. By critical, I mean those activities whose disruption would affect the business the most. You are looking at financial impact; damage to reputation or regulatory breach.
Without knowing your business, it is difficult to identify likely critical activities but they may include: the delivery of a high value service; taking orders through an e-commerce website; or filing compliance reports on time on a daily basis. Remember, you’re not trying to eat the whole elephant; just the tastiest bit!
Once you have identified the critical activities, you can proceed to assess the risks and then deal with them accordingly.
Only by looking at the business through this lens will you gain perspective. The net result will be an understanding of where your efforts to improve resilience should start.
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Agdon Associates and Business Continuity UK are no longer in business. This website is not being updated: it has been left online solely as a source of useful information on Business Continuity.