The Importance of Business Continuity Planning

Ashley Hoadley of Darwin Clayton outlines the importance of business continuity planning.

A huge fire at a midlands factory and recycling plant in July, thought to have been sparked by a Chinese lantern, showed just how vulnerable businesses are to sudden and serious disruption. Every year around 20% of UK businesses face an event that is unplanned, unwanted and may even challenge their very survival. In fact, according to The London Chamber of Commerce and Industry, around 80% of affected business will never fully recover.

The event may be fire, flood, theft, fraud, loss of reputation, flu pandemics technology risks or even terrorism. Whatever the cause, businesses that successfully recover to thrive again are those that have:

  • Assessed the likely impact on their business of significant and potentially damaging events
  • Planned the response and document it where necessary
  • Tested the effectiveness of the plan and revised it where needed
  • Invested time, thought and where necessary, money into risk management

Measures can be taken to reduce possible threats. For example, ensure that all flammable supplies and materials are stored well away from potential fire hazards and regularly maintain fixed electrics. Store supplies off of the floor to guard against flooding, and relocate vulnerable equipment to other parts of the premises.

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You'll find this article on page 24 of the September 2013 issue of Tomorows Cleaning, found here...