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Business Continuity - Some thoughts from the Scottish Continuity Group

Do you know?

There are 4.2 million SME’s in the UK?

SME’s don’t believe a disaster will happen to them?

Every year 4% of UK businesses suffer a major disruption, not just from major events?

If you have a major data loss 43% of companies never recover?  51% close within 2 years and only 6% survive long term.

How do you keep your business running should a disaster occur?

What is the impact to my business? How you would cope if your computers and phones failed?

What you would do if you lost access to your premises ? Can you hold onto your customers if key staff falls ill?

If not having business continuity plan is an acceptable risk?

If secured and paid out, business continuity insurance only recovers part of the actual cost if these had not previously been accurately identified?

The goal of a Business Continuity Plan (BCP) is to preserve and protect the essential elements of an enterprise and maintain an acceptable level of operations throughout a crisis and afterward, as the company recovers?

It's always easier to minimize risk than to recover from a setback?

Having a BCP plan to present to your bank and insurance company minimizes their risk?

 

The people and the IT are often the most important assets of the business?

The risk of business failure is high for SMEs because many have one or a few locations, which house all the IT. Events that disrupt your business are rarely the ones you expect? Take the tunnel fire in Manchester's underground system last year, which affected 130,000 phone lines across Greater Manchester, Cheshire and Merseyside.


Business continuity is about whether an organisation can carry out its core business functions in any circumstances - and that is about people, processes and policies as much as technology

 

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