20 / 20 Vision – Everything Seems Obvious In Hindsight

We may not be able to have necessarily foreseen the effects that Covid-19 has had on our businesses and our daily lives. There are emergencies or disasters of which many may be unlikely to occur, but if they did, could have a devastating effect on a business.

Looking back to the New Year, enjoying a break in Malta, thoughts were with Australia and the devastation of the bush fires, no one would have thought about current events; having to work from home, not being able to do things we’ve taken for granted like seeing friends and family, and learning a chilling new phrase ‘social distancing’. What’s Your Business Continuity Plan?

The majority (70 to 80%) of businesses do not recover from a potential disaster, whether that’s a fire or other major incident, see here: http://www.continuitycentral.com/feature0660.html.

It is safe to say that some businesses will be catastrophically affected by an emergency or disaster occurring. Have you assessed potential emergencies which could occur in your business and put in place a business continuity plan for them?

Whilst we’re working from home there is the opportunity for businesses to review what potentially could occur that may affect their businesses from operating. Consider the short term or longer term effects it could have on the business and whether sufficient continuity plans are in place. Covid-19 has faced business with the necessity of doing business in a different way, like setting employees up for working from home. Drawing from this experience may help to develop continuity plans should another potential emergency or disaster occur in your business.

What would happen if:

  • The utilities company carrying out works in the road dug through your internet cable
  • If a director in the business became incapacitated and unable to make decisions, sign off payroll etc.
  • A repeat of the fuel shortages from 2000
  • Fire
  • Flood
  • Wintry weather, snow
  • If a delivery driver or sales representative was involved in an accident and unresponsive
  • Loss of a major customer, or bad debt
  • Supply chain issues, single sourcing of items
  • Retirement, succession plans

Free Risk Assessment Template

You can use this Risk Assessment Template from Sky Blue Safety to help identify potential emergencies in your business and develop your business continuity plan, just click on the image to download a copy.

For help with business continuity planning contact Sky Blue Safety, your Health and Safety Dust Busters