We've created comprehensive Business Impact Analysis (BIA) and Business Continuity Plan (BCP) templates to help newcomers get started with business continuity.
We've created comprehensive Business Impact Analysis (BIA) and Business Continuity Plan (BCP) templates to help newcomers get started with business continuity.
Tags: Business Continuity Management, Business Impact Analysis, Resilience
Almost every prudent business, large or small sees wisdom in buying some level of business insurance. We feel comfortable paying a small amount (premium) that will deliver a larger amount (claim) if we suffer a sizeable loss.
However, insurance won't keep your customers happy whilst they wait for you to rebuild. It won't organise your people, ensure you can find capacity elsewhere or help you decide how to respond to the challenging conditions you now face.
Business continuity does these things. It works hand-in-glove with risk management and insurance. It's not difficult and the guide below explains how to do it.
Tags: Business Continuity Management, Business Impact Analysis, Resilience, Insurance, manufacturing
I saw this article in Cabinet Maker magazine which discusses the findings of a recent KPMG report into the future of UK manufacture. The report details key practical measures that manufacturers can begin to put in place now to prepare for when the UK exits the EU in 2019. They include:
Tags: Business Continuity Management, Insurance, manufacturing, Small Business
In my days as a Commercial Large Loss Adjuster, it was always more straightforward to estimate the size of loss for the physical damage, than the business interruption.
Tags: Business Continuity Management, Insurance, manufacturing
"I was recently tasked with writing a business continuity plan for a manufacturing organisation with critical production facilities close to a conflict zone. This prompted me to write a paper about geopolitical resilience. The organisation’s executive was positioning it for investment and wanted to be seen to be managing that aspect of risk. They recognised the situation, the way investors might regard it and the potential need to resume in a planned, acceptable way if disruption occurred. The focus was strongly on geopolitical risks whilst still planning for conventional natural perils. "
Tags: Business Continuity Management, Risk, Resilience, manufacturing
