A Business Continuity Strategy must consider all possible eventualities that pose a risk to your business. Nobody saw the COVID-19 pandemic happening, but those who already had a business continuity strategy found the pivot to remote working easier.
Large global incidents aside, though, you need to ask yourself a series of questions when preparing a business continuity strategy. The list of scenarios could be anything from a flood through to your reliance on third-party suppliers and cyber-attacks.
It’s important to create a plan that is bespoke to your business. Here are some common things every business continuity strategy should plan for:
- Temporary change of premises
- Remote working for home (and now hybrid working)
- Data backups
- Reallocation of roles to staff
- Use of third-party contractors or suppliers as a fallback
- Ability to safeguard and restore personal data (to meet GDPR)