Contingency Planning and Business Impact Analysis

Contingency Planning

Contingency Planning, like accounting, is a necessary evil. It's strange we regularly undertake a Balance Sheet Assessment of our financial position but how often do we test our resilience? On the business resilience scale Assets are your staff and the activities that support your products. Liabilities, which push the risk scale towards insolvency, are:- A lack of contingency planning. Disengagement of senior management resulting in a lack of a commitment to testing and business continuity planning. Spills are just one example of incidents which don't necessarily become Emergencies if handled correctly. There are many more potential incidents out there though so why run the risk of being unprepared. There can only be one loser, you, your job or worse still your organisation. Have you ever considered the difference between Incidents and Emergencies and how have you reflected that in your business continuity documentation? Why not book us to run a BCP seminar for you ? Contact us to discuss your seminar requirements.

Business Impact Analysis

Sapira have developed a Business Impact Analysis Template which takes a structured approach through the requirements of the British Standard BS 25999 with resulting outputs of a risk rated summary of Critical Activities which support your products. The BIA process includes Business Assessment of Recovery Time Objectives, Maximum Tolerable Periods of Disruption (MTPD) and Supply Chain resilience. A crucial part of the development of your BCP, why not let us help you to make sure you get this right ? Contact Us to discuss your BIA requirements.

Frequently Asked Questions

Q. What's the best way to find out how resilient we are?

A. Well the best way is to let us undertake a business impact analysis. We can undertake this at either corporate or system specific level across single or multiple disciplines.

Q. We're a small SME do we need a Contingency Plan there are only 12 of us in the company?

A. That really depends on how confident you are that you could withstand a dramatic loss in turnover or the financial costs of an environmental incident which could result in large clean up costs. Floods happen in offices due to pipe bursts much more often than as a result of heavy rain. It's not the cost of developing the plan you should consider it's the cost of not having a plan which will hurt you more.