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Business Continuity: It’s Not Just About Surviving
Business Continuity (BC) is the level of readiness to handle an emergency or disruption in everyday, business operations. A robust BC plan ensures an organization can weather any storm, albeit a natural disaster, cyber-attack, or global pandemic. At its core, Business Continuity encompasses a set of proactive strategies and procedures designed to maintain essential functions during and after a disruption. It’s not just about surviving, it’s about thriving.
What kinds of incidents, emergencies, or disruptions are business continuity plans designed to address? See below.
· Supply Chain Failure. Example: blockage of the Suez Canal.
· Utility Outage. Example: 2021 winter storm takes down Texas grid.
· Cyber Attach. Example: Marriott Hotel 2018 attach.
· Pandemic. Example: COVID.
· Earthquake. Example: Northridge Earthquake 1994.
· Hazardous Materials Accident. Example: Deepwater Horizon oil spill, 2010.
· Active Shooter. Example: Uvalde, Texas.
The examples above have included some of the most catastrophic failures of the last few decades. A business continuity plan doesn’t stop the emergency from happening, however, it can change how well the people and the…
