How would your business cope in the event of a serious incident or emergency? Have you even thought about it?
- 80% of businesses affected by a major incident close within 18 months.
- 90% of businesses that lose data from a disaster are forced to shut within 2 years.
- 58% of UK organisations were disrupted by September 11th. One in eight was seriously affected.
- Nearly 1 in 5 businesses suffer a major disruption every year.
What is business continuity?
Business continuity is concerned with providing businesses in South Hams with the relevant information and advice on how they can plan and prepare for the unexpected to ensure that their business is able to recover from any potential disruption.
What is Business Continuity Management (BCM)?
‘Business Continuity Management is a business owned and driven activity that can provide the strategic and operational framework to review the way your organisation provides its products and services and increase its resilience to disruption, interruption or loss’
Business Continuity Institute
By developing a risk management tool, which looks at the whole business organisation and identifies the critical processes, and plans, prepares, protects, a business can survive.
Why Business Continuity Management (BCM)?
Without effective management an unexpected disaster could potentially result in any number of the following outcomes:
- A complete failure of your business
- Loss of income
- Loss or reputation and/or loss of customers
- Financial, Legal and Regulatory penalties
- Human resources issues
- An impact on insurance premiums
