How to Put Your Business Back on Track after COVID-19
While the businesses community is working hard to deal with the current difficulties of the COVID-19 pandemic, the next step is recovery. This post from David Burnie’s company shares ten priorities for a strong business recovery and business continuity plan.
With the spread of COVID-19 and the establishment of corresponding emergency measures, now is a crucial time for organizations to review and update their business continuity plan. While the organizations fortunate enough to transition to a work from home strategy are just adapting to this new way of working, the next phase of the COVID-19 pandemic will quickly be upon us. High absenteeism will soon become the norm due to sickness and the need to care for loved ones who are ill.
We expect that the COVID-19 pandemic will result in business interruptions for at least six to eight months, with a worst-case scenario of interruptions lasting for twelve to twenty-four months. With that in mind, we are sharing our top ten considerations for planning, developing and executing a business continuity plan and a business recovery plan.
The steps covered include:
- Establish clear succession planning and assignment of authority
- Prepare for reductions in resource availability
- Plan for large swings in demand
- Establish rules to triage requests
- Ensure critical systems are redundant
Read the full article, Top 10 Priorities for a Strong Business Recovery and Business Continuity Plan, on the Burnie Group website.