Business Resilience Planning

Business Resilience Planning-7
Download and view AXA’s Business Continuity Guide for Small Businesses (PDF 991KB) A properly executed continuity process will enable you to cope with a crisis and ensure that you avoid causing severe disruption to both your customers, clients and/or suppliers.

Download and view AXA’s Business Continuity Guide for Small Businesses (PDF 991KB) A properly executed continuity process will enable you to cope with a crisis and ensure that you avoid causing severe disruption to both your customers, clients and/or suppliers.

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It is important to also be able to draw upon operational business data in a way that allows quick access and analysis in response to an incident.

By better integrating existing data sources with purpose-built tools for business continuity and crisis management, organizations can better determine which locations, people and processes are impacted, and respond faster and with greater confidence to resolve a crisis.

With a data-oriented perspective, organizations can best establish an information foundation about risks, impacts, resilience, response and recovery activities—both before and during an incident—to enable more strategic decisions about where to invest and what level of resilience is required. Cultivating an operational risk mitigation mentality—not just a response and recovery mentality—enables businesses to respond and recover more quickly from a disruptive event.

It is not just about having a plan for when something goes wrong—it is also important to know how to minimize the risk and reduce the impacts in advance of a business disruption.

This will not only help you to win more custom, but might also allow you to gain a competitive edge over your competitors.

Download Redbridge Council's business resilience leaflet (PDF 260KB) find out more on: what you should do, how you should do it and why you should carry it out.Please visit London Prepared for useful templates and guidance and a short self assessment tool.According to AXA research, three quarters of small and medium sized enterprises (SMEs) are risking it all through lack of survival planning.A risk mitigation mindset requires examining each type of disruption with broader perspective.This includes, for example, assessing the facilities and locations in which a business operates, such as understanding that a business in the congestion zone of central London might suffer greater impacts from terror attacks or civil unrest, and planning for those potential events accordingly.There are three key ways to accomplish this: Data over documents.In the modern era of always-available services and continuous operations, it is critical to immediately know what and who have been impacted to determine appropriate response and attempt to identify any possible opportunities to reduce the impact of an event immediately.Business Continuity Planning can help your business become resilient.It is a process of identifying and evaluating the risks to your business and then planning to enable the business to continue operating (and recover) if the worst happens.The significance and interconnected nature of risks are clearer than ever before, meaning executives can no longer claim that an operational risk could not have been foreseen or that a business impact was unreasonable to assess.To deliver true resilience, business continuity and risk management leaders must implement a data-driven program, take a risk-based approach, and remember that the goal behind all of this effort is ensuring the business can meet all of its commitments even in the face of disruptive events.

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