Brexit will directly impact a number of UK businesses with interests in the EU. Many more will face change as supply chains and customers inherit these effects, in some cases acting as concentrators. Impacts will not be confined to the UK, with EU and global organisations also potentially affected by the separation.
The sequence of changes that Brexit will deliver is unpredictable. Organisations risk being unprepared and having their future value diluted by uncertainty or indecision if they do not act now. Those who do plan for Brexit will have an advantage.
Brexit Continuity Planning is a business continuity consultancy service using risk, resilience and continuity principles. Its aim is to help organisations capitalise on opportunity, whilst anticipating and preparing for the Brexit-related risks they face.
Brexit Continuity Planning delivers in five linked steps:
Brexit will impact every organisation differently, even those operating in the same sector or selling near-identical products. Some may benefit at the expense of others. This is less to do with what each business does, and more with its marketplace and supply chain relationships.
Inoni profiles your business from a Brexit standpoint, meaning executives share the same panoramic view when faced with change, helping them make better, faster decisions.
The authors of Article 50 of the Lisbon Treaty publicly admit they are unsure of its correct interpretation, yet this will determine who is affected, when and how. It risks turning planning into guesswork.
We can view Brexit as a slow race toward eventual stability driven by a sequence of events. At every step, we are able to scan the horizon and postulate the ‘next big things’ that might arise and position them accordingly in our awareness.
The Inoni team use horizon-scanning to see what kinds of disruption we should plan for, mapping probabilities and magnitudes against a timeline. It provides an evolving view of the situation we face so we can plan against it.
We’ll play the expected events against your profile model, helping you quantify financial and other effects. Some may exceed the organisation’s governance criteria, demanding action. Others may manifest as business opportunities.
Inoni will help you identify scenarios where the risk or opportunity is significant, providing a basis for planning, preparation or realisation.
There are potentially many options available to respond to a given set of circumstances. Some will appear expensive or disruptive, whereas others may have no apparent cost. Some may be more efficient than others, working in combination or helping to dilute risk across a number of scenarios.
Inoni will work alongside you to design resilience strategies, developing and combining options for maximum effect.
Brexit is a moving feast, and we may be affected by its fallout for years to come. During this time, the effects of each Brexit-induced change will play out in combination with preceding events and other market forces.
This paints a complex and unpredictable picture and suggests that unexpected situations will continue to emerge, each requiring evaluation and response, made easier by foresight, anticipation and planning.
Inoni will establish an efficient and repeatable approach for your organisation, using proven techniques shaped to fit your business.