business continuity 2013
TRANSCRIPT
Chris Jones – Doodson Corporate
Business Continuity Planning
What Is Continuity Planning?
Above is a example of continuity planning on a global scale. This is a concept for the Svalbard Global Seed Vault, designed to be a secure seed bank housing 400,000 seeds for safe keeping in case of emergency.
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What Is Continuity Planning?
And this is the reality. As of July 2012 the number of samples has increased to 750,000. The safe storage of the seeds in Norway, a place with very little tectonic activity and a permafrost aiding in the preservation is a great location. The seeds can be used in case of a major horticultural disaster.
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What does this have to do with your business?
What would your business do in the following instances?
•Power Failure •IT Failure •Weather
–Damage –Unavailability of resources - Premises
•Loss of Key Staff •Payroll Failure •Utility Failure •Fire •H&S failure leading to serious injury, fatality and or prosecution
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Extreme Example
• Japan 2011 Tsunami • Initial flood damage • Followed up by nuclear power plant
failure!
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More Realistic Example – Gas Explosion
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Norfolk Gas Explosion 2011
The explosion resulted in no fatalities or serious injuries, however the industrial estate was left with no
•Water •Electricity •Gas
NO POWER FOR TWO WEEKS!!!
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How to Plan
1. Create a Business Impact Analysis • Look at each department • Consider the current risks
2. Identify Business Critical Activities
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What is a Business Critical Activity?
Depending on your business a business process
may be defined as critical if failure results in; • Significant loss of client service • Significant loss of income/revenue • Contravention of legislation • Significant damage to the company’s reputation
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How to Plan Pt. 2
3. Liaise with staff – They know their
departments best and may provide further insight
4. Develop a useable Business Continuity Plan 5. Implement the plan 6. Exercise the plan 7. Amend the plan as required
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The Effect of The Plan
Minimum activities to achieve
survival
Normal day to day business
Time
Serv
ice
Cap
acit
y
100%
0% Unplanned business restoration
BC IR
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In the instance of a major emergency, the Business Continuity plan will be an extremely valuable tool to your business.
Having an effective plan can also help you to identify risks before they become a problem.
Expert help is available.
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We have Risk Services expertise in-house and can help your business plan for every eventuality. A prepared and planned business can often be offered reduced premiums on their business insurances such as Public & Employers Liability. Contact our Risk Services Manager, Chris Jones, for more information. E | [email protected] T | 0161 419 3000
Doodson Broking Group
Doodson Broking Group & Doodson Corporate are trading names of Arthur Doodson (Brokers) Ltd. Authorised & Regulated by the Financial Conduct Authority. Registered in England. Number 790401.