Business Continuity Preparation: What to Plan For

Business Continuity Preparation: What to Plan For

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Business Continuity Preparation: What to Plan For

Developing a high-performance business continuity program is hard work and requires significant resource commitments and upper-management support. Respondents to the MissionMode Readiness Survey report varying levels of readiness with under 40% claiming to have business continuity management (BCM) plans in place across a wide number of potentially disruptive event types:

  • 38% – Comprehensive BCM plans developed and trained across a wide variety of event types
  • 37% – Plans developed and trained across a limited number of event types
  • 25% – No plans or preliminary plans drafted but not trained

These respondents were most likely to be prepared for weather, power and IT-related incidents and least prepared to manage physical security threats, theft and product safety-related events. Developing and training a wide variety of BCM plans can seem like an insurmountable challenge, but MissionMode can help you both prioritize and prepare your plans.

What Events to Plan For

When it comes to business continuity preparation, knowing what events to prepare for can vary by industry, company size and geographic location. MissionMode’s team of experienced emergency-management professionals works with clients every day to help them prioritize which events are most critical for their specific BCM planning.

In the 2013-2014 benchmark survey conducted by Continuity Insights and KPMG, nearly 60% of participants reported activating their BCM plans in the past year as a result of severe weather. The chart below illustrates the frequency of business interruptions by cause which is a strong indicator of the top events every company should prepare for:

Industry Specific BCM Planning

In addition to...

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