Is NOW a good time to update your business continuity plan?

COVID-19 has been a decisive test of your business continuity plan, and it may still be challenging you today as the pandemic rages. So why would now be an optimal time to develop or revise your plan? For one thing, you likely learned a lot about what worked, what you might have done differently, and what definitely wasn't covered in your plan. For another, especially since we may face similar challenges over the next few months, you need to review your assumptions and decisions and identify any required changes. In reality, COVID-19 may not be the only pandemic we face in the year or years ahead.

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Human Capital & Emergency Succession Planning

Human Capital & Emergency Succession Planning

The pandemic certainly has changed things - work, home life, school, socializing, etc. - in ways we would never have imagined. We work at home, school at home, socialize over Zoom, have our groceries delivered, and take all the precautions needed to keep ourselves and our families safe. At present, there is no real end in sight to COVID-19 and no view into what “normal” might look like in the future because the situation changes all the time. It’s hard to know if anyone has figured out the real impact of the pandemic on our home and work lives. For this reason, business continuity planning takes on even more importance since poor planning can hurt our ability to continue day-to-day operations. 

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Terrorism

January 15, 2020 - The recent situation with Iran brings again to mind the need to be aware of the potential for terrorism, both from overseas and from US actors who have been radicalized. While many of us have kept the possibility of terrorism in our sights, many others have become lax in their risk assessment and planning for the effects of terrorism. We hope these articles will help you refocus on this threat.

Terrorism is never far from the headlines and while the impact on human lives is, of course, the biggest and most important consequence of a terrorist incident, it is not the only one; businesses need to prepare for the potential impacts. (Item #1)

Effectively communicating information in a crisis is an important part of business continuity planning. Get the steps to follow in this emergency communication plan template. (Item #2)

Terrorism insurance is a corporate necessity and there are coverage options.  Can you rely upon your insurance plan to protect your business interests? (Item #3)

In light of the recent attempted mail bombings, the deadly shooting at a Pittsburgh synagogue, and a rise in hate-related incidents, two of the country’s top experts in terrorism and homeland security discuss present and future threats to and in the United States.  (Item #4)

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