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Plan B – Have you got a Business Continuity and contingency plan for dealing with impact of COVID-19

“If you fail to plan, you are planning to fail.” – Benjamin Franklin

In light of what is currently going on in the world with COVID-19 it is critical that you have a plan b. Things are moving fast so being prepared is important.

A business continuity plan (BCP) pinpoints the most important parts of your business, identifies potential risks to these critical pieces and prepares you to recover as quick and easy as possible. Contingency planning is a crucial part of continuity planning — it means having a backup if your original plan no longer works. It’s your plan B.

Your BCP shouldn’t be limited to what to do after a natural disaster. It should cover any risks or threats that could disrupt your most important business activities.

This is an excellent resource from Business NZ which will step you through the process of creating a plan.

https://www.business.govt.nz/risks-and-operations/planning-for-the-unexpected-bcp/continuity-and-contingency-planning/

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