Emergency management & recovery | Research your business
Look closely at how your business operates and identify any areas that you can’t do without. List all critical business areas/functions, the likely impact on your business if they fail and any current protection you have to help avoid a failure.
Keeping this information to hand can assist in an emergency by helping you quickly identify and prioritise areas that need your attention.
- Critical business areas: List what you can’t do without. For example, people, suppliers, documents, systems or procedures.
- Impact to your business if failed: Describe the potential impact on your business if this critical area fails.
- Current protection strategies: What strategies do you have in place to minimise the impact on your business? For example, training employees in multiple areas of the business will reduce key person risk.
It might be useful to develop a number of scenarios in your plan. These scenarios should be based on at least your top three critical business areas. Developing scenarios can help you work out what to do when these critical areas fail and what resources you’ll need to recover.
What to do…
- See our Emergency management & recovery plan template to complete your own emergency management plan and use our Prepare your business checklist for a quick reference of all the steps you should consider when preparing for an emergency.
- For risk management and business continuity guidance, download the Good Security – Good Business (PDF, 0.85MB) booklet from the Trusted Information Sharing Network website.
- For a guide on pandemic planning and business continuity, download the Business Continuity Guide for Australian Business (PDF, 0.46MB) .
- See our page on Emergency management planning in your state or territory.
- If you’re an Australian Financial Services licensee , find out your risk management obligations on the Australian Security and Investments Commission (ASIC) website.