Doing so ensures that your business can continue to serve customers and facilitate providers with the least amount of disruption.
The aim is to have essential business functions up and running with minimal downtime. Incidents that disrupt the day-to-day operations of a business.A fire or anything that causes extensive physical damage to infrastructure.Major disasters that can affect businesses include: What Is Business Continuity?īusiness continuity is an organization's ability to continue its operations throughout and after a significant disaster has occurred. This article covers some basic business continuity measures you can put in place for 2021. But you can ensure that you learn from this incident. You may not be able to undo any damage that has already occurred. Unfortunately, 51% of businesses worldwide did not have a business continuity plan.
No doubt, the pandemic tested your business emergency management protocols and continues to. Many businesses have taken a massive financial hit as a result of it.īusinesses with a robust business continuity plan would have avoided some of the pandemic's adverse effects. It took and continues to take a toll on individuals of all ages. Its arrival wreaked more havoc that not even the experts could have forecasted. The pandemic epitomized what an unforeseen circumstance means and highlighted the importance of incident management and business continuity.