fbpx

Productivity / Professional development

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.

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…

More information…

  • For information on general business continuity standards, visit the SAI Global External link website.
  • For information on setting up a business continuity plan for your business, visit the Australian National Security External link website.

126,168 people use Flying Solo to help them create a business with life. Do you?

Connect with Flying Solo

Explore the benefits of membership