It is usually the spectacular disasters that appear in the news but fire, flood and bombs are not the only business hazards...
Each day your organisation is exposed to countless risks which don't hit the headlines but are just as threatening to your business.... an overflowing cistern that soaks vital documents, a spilt cup of coffee that brings the computer down, careless workmen who set fire to neighbouring buildings...
They could all kill your business - but they don't have to....
You can expect to have a serious business interruption once in every five years. This could result from a major fire, a prolonged computer breakdown, a power failure, transport disruption.... The list is endless and many factors are outside your control.
You are likely to recover 30% - 50% of the total cost of an insured interruption and you have to keep the business going while your losses are assessed.
While you are trying to muddle through, customers will go elsewhere if their orders can't be satisfied, suppliers will downgrade your credit rating, cash flow will suffer as you cannot recover your debts and your staff may be traumatised and unable to work effectively.
You can't prevent the unforeseen but you can foresee the effects of the unforeseen incident and plan to minimise them.
Contingency planning is always at the bottom of the in-tray until something serious happens, when it is too late. An experienced consultant will give it full attention, give impartial and researched advice and assist you to get maximum benefit from the project.
Continuity Planning may well pay for itself in reduced insurance premiums and improved business practices that reduce the risk of a major interruption. If you need to acquire facilities then independent advice ensures that you secure appropriate and cost-effective protection. You could use your reliability as a marketing feature to increase profits. Above all you gain peace of mind for you and your staff.
Case study: A Ripon solicitor not only lost his office but all his computer files and backups when the baker's shop beneath caught fire. All the information needed to prepare new invoices and chase outstanding bills was lost.
Case study: Police prevented access to the buildings worst hit by the Manchester bomb for 12 days while structural checks were completed.
35% of firms suffering a computer disaster lost over £250,000 (Survey by Price Waterhouse/BIS)
Case study: Burglars stealing computer equipment removed discs containing several years research on 1,500 customers of an arthritis and asthma treatment derived from bee hives. The research was about to be released at an international symposium. There was no other copy of the data.
30% of disasters are caused by fraud, malice and misuse, 30% by software and hardware failures and (only) 20% by fire, flood and earthquake (Survey of Survive! membership)
Case study: A manufacturing company was plunged into chaos when workmen installing a lightning conductor severed the main power cable to the computer room.
Effective Continuity Planning can prevent Business Collapse after a disaster
Case study: Tryton Foods bounced back after a major fire. A computer recovery plan ensured continuity of payroll and accounting functions whilst plans had already been drawn up to provide a more efficient plant on an alternative site near by. Retaining market share and the skills of the work force were key recovery priorities.
It could cost so little to save so much.....
Read about companies that have benefited from the assistance of Continuity Systems.
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