Business Continuity Program Development

Under ASX Operating Rules, listed organisations small and large need to have adequate disaster recovery and business continuity arrangements. Businesses need to be prepared to respond to and recover from any number of foreseen or unforeseen scenarios, such as pandemics, natural disasters and extreme weather events, supply chain issues or issues affecting local communities. Having a robust and tested business continuity plan ensures that your business can:

• continue to operate during and after a business interruption,
• recover operations more quickly after interruptions,
• reduce costs and duration of any disruption,
• mitigate risks and financial exposure,
• build customer confidence and trust,
• safeguard company reputation,
• develop confidence within the business,
• comply with regulatory or legal requirements, and
• save lives and livelihoods.

Failure to plan for unforeseen business interruptions could be disastrous for any organisation. At best, the business risks losing customers while it tries to get back on its feet. At worst, the business may never recover and may ultimately cease trading. A clear, comprehensive and well-tested business continuity plan will give any business the best chance of overcoming a major business interruption.

We can help businesses to create business continuity programs if they don’t exist, or refine those that do. We can pressure test plans and protocols to gauge an organisation’s readiness and ability to respond, if and when they need to, and offer training in areas where it is needed. We can review and develop medical emergency response plans (MERPs) and provide after action reviews post-incident. Don’t wait until it’s too late.