As the age-old adage goes, “a goal without a plan is only a wish.” Interestingly, that saying is just as relevant and powerful today as it has been in the past.
As businesses continue to grapple with the effects of the COVID-19 pandemic, leaders are faced with developing long-term strategies, all while addressing immediate needs and challenges. This is where the business continuity model and framework come in.
For this very reason, it’s become even more critical to provide decision-makers with key industry-specific, actionable recommendations through processes and toolkits – to save them time and give them the bandwidth needed to tackle pressing issues that require their attention.
The Definition of Business Continuity
As defined by the International Labour Organization (ILO), business continuity management is “a management process that identifies potential threats and provides a framework for building resilience and capability for an effective response which safeguards the interests of its key stakeholders, reputation, brand, and value creating activities.”
This is achieved by applying data-driven insights to business strategies and planning (to ensure crisis prevention) and continuous improvement processes to operations (to ensure recovery following disruptions).
The Applicability and Importance of Business Continuity in the EHS Space
It’s not surprising that there are many nuances and complexities within the EHS landscape which can make business continuity planning quite arduous. The good news is that key governmental bodies such as the U.S. Department of Homeland Security (DHS) have published business continuity guidance. On top of that, industry experts have provided insights around strategic development as well as long-term tactical planning.
Within strategic development, the business continuity framework includes key practices such as risk mitigation and management. In addition, it includes business recovery plans, which focus on protecting the workforce and intellectual and technological capital. From a tactical perspective, it includes critical items such as the development of plans to address injuries to workers as well as the potential impact to relationships with customers, partners and stakeholders. Of course, that is barely scratching the surface.
Our Business Continuity Toolkit: Your Quick Reference Resource to Help Your Organization Overcome Challenges and Drive Growth
To provide you a useful resource based on best practices and business know-how on to help your organization overcome challenges and drive progress, we wanted to share with you your business continuity toolkit. To access each asset, please click on the links below.
|Business Continuity Checklist: Hoping for the Best, Preparing for the Worst||Click here to access checklist|
|Business Continuity Plan Template||Click here to access template|
|Determining the Impact of Disaster: A Business Impact Analysis||Click here to access analysis|
|Respond – Return – Reimagine: Tools to Build Business Continuity One-Pager||Click here to access one-pager|