You're about to create your best presentation ever

Business Continuity Presentation Template

Create your presentation by reusing one of our great community templates.

Business Continuity

Transcript: To avoid this, as a company and Managing Director, we must look more in depth at why we have started our business, what are we trying to achieve and how we can achieve what we have set out to. We will review our Points of Sale and compare ours to other businesses, mainly IT companies, to ensure we are getting noticed equally or more than our competitors. As a company, we must ensure that there is sufficient support for management, and there are checks and balances in place. For example, one thing which we now have is a Personal Assistant who is a great aid to the Managing Director and has helped with much of the planning. Another measure which we have put in place is a monthly check on how we operate. For example, we working to all of the Legal and Ethical rulings as well as the operational guidelines we have set ourselves. What do we do? Lack of POS We can ensure we have a site which can be easily located and identified, however, we will have more of a virtual presence which means that we do not have to worry as much about our location. The key to overcoming these problems are really simple and should be the building blocks of the business as they are just as important as the idea, in order for the business to operate. Like any project, if we lack in planning, the whole project is useless. This was proved by the Chaos Report, 1995. To ensure we have sufficient planning, we will ensure we have the correct criticisms and take on advice given to use from Business specialists. If Combuild was to fail in selling products, here are some of the things which we can do to ensure we continue to trade: • We can continue to upsell customers and draw them in with new deals and products • Reduce our services if they aren’t being taken out by customers • Look to fundraising by selling related products (which we may get products to promote an energy company for free) • Relocate/downsize Location We can overestimate what the costs will be and underestimate our profits, as well as use a Capital Calculator( http://www.businessknowhow.com/startup/startup.htm ) to ensure we will be making a sizable profit. Insufficient Capital Starting a Business for the wrong reasons We will not need to worry about over expansion for at least the first six months, as we do not intend on expanding. However, we may look into outsourcing our work to developers across the country, if the price is relatively low cost. Business Continuity How do we avoid this? Poor Management Over expansion A business can fail for 7 reasons, due to some of the key steps being rushed or not done properly. This includes: 1. Starting a business for the wrong reasons 2. Poor Management 3. Insufficient Capital 4. Location 5. Lack of Planning 6. Over expansion 7. Lack of POS Business Continuity Lack of Planning

Business Continuity

Transcript: BUSINESS CONTINUITY PLANNING AHEAD About MacFawn Restoration President: Joseph MacFawn Founded in 1989 MacFawn Enterprises, Inc. - 3 Divisions: Industrial Cleaning Restoration Disaster Recovery Professional Services Business Continuity Planning Educational Seminars Personnell Training Awareness Insurance and Claim Navigation Currently Servicing 9 States: New York, Vermont, Massachusetts, New Jersey, Pennsylvania, New Hampshire, Florida, Georgia, Texas DEFINING BUSINESS CONTINUITY Business continuity planning is defined as: a management process that identifies potential impacts that threaten a company, provides a framework for building resilience and develops the capability for an effective response to safeguard the interests of the stakeholders, reputation, brand and value creating activities. Business continuity is critical to organizational stability; by identifying the most critical aspects of business operations and stabilizing the veins in which they exist, business continuity planning will enable those critical operations to weather any storm. What is business continuity and why is it critical to operations? THE PROCESS Where to start and how to create fluidity & sustainability Business Continuity Planning UNDERSTANDING THE VALUE No one wants to talk about the possibility of a disaster or crisis happening to their business, so why should you? The Value of Business Continuity Planning When business continuity management plans in place, organizations are often afforded lower insurance premiums Stakeholders can rest assured that when (and if) a disaster strikes, the gears of their investments will continue to turn CONCLUSION & QUESTIONS Secure your facility. Secure your information. Information, knowledge, communication and planning are the keys to resilience! Is your organization resilient to change? Do you know what your employees/tenants must have in order to function? Are those resources available to them, their successors or you during an interruption? The time is NOW! CONTACT INFORMATION 24/7/365 Live Answer - 518.785.6719 or 877.MACFAWN Joe MacFawn - JMacFawn@MacFawn.com - 518.461.3107 Anna Shapiro - AShapiro@MacFawn.com - 518.290.1650 Contact Information: Branch Locations: Albany, NY Buffalo, NY Philadelphia, PA Lehigh Acres, FL Tampa, FL

Business Continuity

Transcript: What is Business Continuity? Introduction to Business Continuity Challenges in Business Continuity Business continuity refers to the planning and preparation aimed at ensuring that an organization can maintain operations or quickly resume after a disruption. This encompasses strategies to manage risks and protect critical functions. Business continuity refers to the processes and strategies that organizations implement to ensure they can continue operations during and after a disruptive event. Its importance has grown as businesses face increasing risks and the need for resilience. Organizations face significant challenges that can hinder effective business continuity planning. Understanding these challenges is essential for enhancing resilience and ensuring preparedness for unforeseen disruptions. Evolution of Business Continuity Technological Advances Resource Limitations The concept of business continuity has evolved significantly, originating from disaster recovery strategies in the 1970s. As threats have diversified, so have the approaches, incorporating risk management and organizational resilience into comprehensive plans. Organizations often encounter resource limitations, including financial constraints and insufficient personnel. These limitations can impede the development and implementation of robust business continuity plans, increasing vulnerability during crises. While technological advancements can enhance business continuity, they also introduce complexities such as increased cybersecurity risks. Organizations must adapt their continuity plans to address these evolving technological threats effectively. Changing Regulations The evolving regulatory landscape presents ongoing challenges for businesses. Organizations must stay informed and compliant with new laws and regulations, which can complicate business continuity efforts and resource allocation. Business Continuity Plan Development Process The development process for a Business Continuity Plan begins with a Business Impact Analysis (BIA) to identify critical functions and resources. Following the BIA, risk assessments determine potential threats, enabling organizations to develop appropriate strategies for recovery and minimize impact during disruptions. Testing and Maintenance Overview and Importance for Organizations Developing a Business Continuity Plan (BCP) Regular testing of the Business Continuity Plan is essential to ensure readiness. Organizations should conduct exercises, simulations, and reviews to assess the effectiveness of the plan and make necessary updates based on changing circumstances or lessons learned from tests. Creating a comprehensive Business Continuity Plan involves a structured approach to ensure organizations can effectively respond to disruptions. This process encompasses plan development, regular testing, and ongoing training to maintain preparedness. Risk Management Organizational Resilience Training and Awareness Effective risk management identifies potential threats and vulnerabilities within an organization. By analyzing risks and establishing mitigation strategies, businesses can minimize the impact of unforeseen events, protecting their assets and ensuring operational stability. Organizational resilience refers to the ability of a business to anticipate, prepare for, respond to, and recover from disruptive events. Cultivating a culture of resilience empowers employees and supports adaptive strategies to maintain essential functions during crises. Training is crucial to ensure that all employees understand their roles in the Business Continuity Plan. Regular workshops and awareness campaigns enhance organizational resilience as staff are educated on procedures during disruptions, fostering a culture of preparedness. Stakeholder Confidence Maintaining stakeholder confidence is critical in times of disruption. A robust business continuity plan reassures clients, partners, and investors that the organization is prepared to handle crises, fostering trust and safeguarding reputations amidst uncertainties. Importance of Business Continuity Business continuity is essential for organizations to manage potential disruptions effectively. It encompasses risk management, organizational resilience, and stakeholder confidence, ensuring that operations can continue smoothly during emergencies. Conclusion and Future Trends Final Thoughts on Preparedness and Proactivity This section highlights the essential takeaways from our exploration of business continuity and delves into the latest trends shaping its future. Understanding these elements is crucial for organizations to remain resilient in today's fast-paced environment. Organizations must cultivate a proactive culture around business continuity to effectively navigate disruptions. Regular training, simulations, and updates to continuity plans are vital, ensuring resilience and operational capacity in crises. Key Components of Business Continuity Planning Business

Now you can make any subject more engaging and memorable