Twenty-five percent of businesses do not reopen following a major event.
Business continuity planning is one of the most critical components of any recovery strategy. Companies today face an unprecedented number of exposures. And a reliance on complex networks of technology and supply chains is expanding. Managing these risks is key to the survival of any organization.
A business continuity plan is one of the best investments your company can make. From Hurricane Sandy and 9/11 to the tornadoes in Oklahoma companies that proactively consider how to respond to events are the first to get back to business, often at the expense of competitors.
In 2012, nine of the top 10 most expensive world-wide natural disasters happened in the United States. With $77 billion in insured losses worldwide, 2012 was the third costliest year on record. The first was 2011, when $126 billion in insured losses were reported. – Insurance Journal
Kansas SBDC Business Continuity Plan Development and Consulting
Plan Development: Effective plan development should be a team effort based on the 10 best practices of business continuity as developed by Disaster Recovery Institute International.
Plan Auditing: Is your continuity plan an insurance policy? Is it predominately an evacuation plan? Does it cover IT or data recovery? Since its inception, has your plan sat on a shelf untested? Auditing your continuity plan can build confidence within your organization to readily respond to any crisis.
Associate Business Continuity Professional (ABCP): Your plan will be in the hands of a trained professional guiding you through all ten stages of development and implementation.
For more information call 785-843-8844 or email Brian.Dennis@ku.edu