Author Box
Articles Categories
All Categories
Articles Resources

As Jones Once Said "Don't Panic"

March 05, 2012 | Comments: 0 | Views: 178

I remember hearing a statistic that said the probability that a business would experience a disaster in any given year was 4%. That's once every 25 years. If that happens a business with a simple, as opposed to a detailed, business continuity plan stands a 75% chance of recovering. A business without any plan at all stands a 75% chance of failing completely.

In my experience the biggest difficulty in establishing a business continuity plan is the tendency to attempt to make it too complicated. It's a dull subject, preparing something you hope you'll never use, so human nature dictates its hard to be enthusiastic about it.

A good plan should be brief, simple, and sensible. It shouldn't attempt to cover everything. Practicing the Law is not simple, and its difficult to be brief, because you do have to cover everything. A business continuity plan is therefore bound to go against a lawyer's traditional way of thinking.

For example, immediately post disaster what's the number 1 priority? I would say its communication. Briefing your PR agency is absolutely critical, and it is essential that those staff you need to operate, based on skill set as opposed to status, know where to assemble. It's equally important that the rest of the staff know to stay at home.

Of course restoring IT systems is important. Incidentally, unless you regularly test the restore from backup then there is roughly a 50% probability that your backup will not restore at all. I remember one company with a rigorous backup policy, dutifully followed by its staff, successfully backing up its "test" company each day - a single character error in the backup script meant that the live company was never backed up.

A business continuity war chest is a lifesaver, stored offsite of course. In that keep hard copies of HR data, especially staff contact details. Also include hard copy payroll data so at least you know how much to pay your staff and which bank accounts to pay the funds into. Plus hard copy supplier details, cheque books, paying in slips, accounts dept chits, even some petty cash, all to make things easier for people when pulling things together when under pressure. Don't forget to include a copy of the relevant business interruption insurance policy and a copy of the Business Continuity Plan itself!

Get the above in place and you have limited your risk of being wiped out in a disaster to 1%. As a second stage you can chip away at this by targeting risk areas specific to your own business, preferably by looking towards prevention as opposed to more continuity planning. Finally don't become complacent, but you can compliment yourself on making it unlikely that your business will be wiped out in a disaster during your working life.

If your require legal advice for your business please contact Ralli today on 0161 832 6131, visit or follow us on Twitter @RalliSolicitors.

Source: EzineArticles
Was this Helpful ?

Rate this Article

Article Tags:

Business Continuity


Business Continuity Plan


Disaster Recovery


Business Recovery Plans

In India, employment opportunities are set to grow by a good margin in the coming year, a phase which was started in the turn of the second decade of the 21st century. organisation, candidates with

By: Sarkariexam l Business > Careers Employment l April 01, 2013 lViews: 11711

Sometimes it is amazing to see that certain jobs can precipitate huge turnouts in the recruitment drives. It is as if thousands of people were waiting for the vacancy advertisements and the moment

By: Sarkariexam l Business > Careers Employment l December 30, 2012 lViews: 690

In recent times, jobs in healthcare segments have grown tremendously. It is anticipated that this growth curve will continue for the times to come. Various factors are responsible for this

By: Sarkariexam l Business > Career Advice l December 27, 2012 lViews: 449

Are you in a dilemma whether to choose web based CRM or not? If yes, don’t worry. You aren’t the sole person having this doubt.There are numerous firms trying to make out whether investing in a

By: Reneta Vasileva l Business > Customer Service l December 23, 2012 lViews: 410

If you think about it you will realize the fact that each business has its own set of risks that are involved in it.The trade secrets that you have and the information related to the business is what

By: brumbrum1 l Business > Risk Management l December 23, 2012 lViews: 264

As the time is changing, concierge management services are now growing despite the slowing economies of the world. The main reason of it is the need that is highly specific to the people who like to

By: willsmith10 l Business > Management l December 23, 2012 lViews: 334

There is nothing as frustrating as pulling out an old yearbook or a book given to you as a gift from a special person and realizing that it is covered in mold. Since books can be stored or boxed away

By: Ian Jasper Pelayol Business > Disaster Recoveryl April 17, 2012 lViews: 250

Water damage from leaking and broken pipes is the leading causes of mold growth in many homes and offices. If you are facing such a problem for the first time you may not know the exact steps to

By: Ian Jasper Pelayol Business > Disaster Recoveryl April 07, 2012 lViews: 200

Great leaders are generally those who are regarded as having made not only the right call but also the tough decisions when a situation was at its most critical. The popular DISC personality and

By: Russell Boonl Business > Disaster Recoveryl March 15, 2012 lViews: 185

Without the aid of software, managing your Fire Safety & Emergency Plans on an ongoing basis would be a nightmare. Thankfully, with the help of online software, this task becomes not only less

By: Kat Andersonl Business > Disaster Recoveryl March 13, 2012 lViews: 199

Never lose what is needed to accomplish the goals of your organization or keep it in business. It is time to stop paying employees and consultants to reinvent the wheel. Today we have the tools and

By: Matt D Burgessl Business > Disaster Recoveryl March 03, 2012 lViews: 233

The phrase 'paralysis by analysis' is popular in business. Much time and effort is put into careful decision making to ensure that businesses 'get it right', sometimes to the detriment of the

By: Russell Boonl Business > Disaster Recoveryl March 03, 2012 lViews: 173

John Prescott recently focused upon the affect the Bill will have upon individuals bringing claims against large organisations outside of the personal injury arena. At the centre of these changes are

By: Robert Illidgel Legal > Regulatory Compliancel March 20, 2012 lViews: 127

Discuss this Article

comments powered by Disqus