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Every business is unique – from your operating environment to your budget. Because of these varying factors, a one size fits all approach to risk management, emergency response and business continuity rarely works. An effective program should do much more than help your organization respond to an incident – it should protect your assets, brand, reputation and people – and give you a competitive advantage.
Many smaller businesses and organizations think they do not have the budget, staff or time for proactively developing effective plans and a full program. The solution then is to apply emergency management and business continuity best practices and tailor them to fit the needs, structure, culture and budget of your business.
You can develop your own program by:
A complete emergency management and business continuity program should consist of four main components, each with a number of considerations. They are:
Governance and Structure
Risk Assessment and Analysis
Plans and Procedures
Sustainment and Continuous Improvement
This may seem like a significant range of things to consider, but the key to ‘sizing to fit’ your organization is to determine how much of each element is actually required. While it’s essential you have elements from each of the four areas, you may not spend as much time, effort or resources on certain areas, depending on your organization’s unique considerations.
Prioritizing is one of the most important parts of sizing your emergency response plan to fit your organization. If you need assistance in prioritizing, ask the following of yourself and your emergency response team:
Keep in mind that when you work for an organization, it can be difficult to anticipate every risk and know what your response options are. No matter the size of your institution, working with a specialist individual or firm can help you identify key risks, establish governance, integrate with your existing policies and procedures and most importantly, right-size your emergency response and business continuity programs to suit your organization’s needs and budget.
To learn more, contact Cliff Trollope, CBCP, CRM, CAS, at 416.596.1711 or
[email protected], or your local MNP Business Advisor.
Related Topics:Crisis Management
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