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Emergency Preparedness and Disaster Recovery Planning
for Your Business |
An “all hazards” approach should be taken by the planning process because there are several different hazards. It is hard to determine if a specific hazard will hit your business. For this reason, it is important to consider the different hazards and the likelihood of occurrence.
Part of the process of planning is including strategies for deterrence/prevention as well as risk mitigation. Address hazards that are classified as both probable and could cause property damage, injury, environmental impact, or business disruption.
When developing the “all hazards” preparedness plan, assess vulnerabilities, identify potential hazards, and analyze potential impacts. The risk assessment will identify hazards and opportunities for deterrence, hazard prevention, and risk mitigation. It also should identify different scenarios that should be considered for emergency planning. The business impact analysis (BIA) should identify the critical or time sensitive processes as well as the financial and/or operational impacts that come from the interruption of the business processes. In addition, the BIA will also gather information on the resource requirements for supporting those business processes.
This information will be useful for making good decisions about the investments that can offset the risks and avoid any business disruptions.
- - This process will allow you to identify and analyze likely scenarios for your business should a hazard or disaster occur.
- - Once you've completed risk assessment, carrying out business impact analysis (BIA) will allow you to predict the end result of a disruption of business due to a hazard and put together effective recovery strategies.
- - If at all possible you want to prevent or dramatically mitigate the impact of a potential hazard. Many man-made hazards, including workplace accidents, such as fires and chemical spills, and business disruptions can be prevented altogether.
- - Explore various mitigation strategies that can dramatically reduce the damage from hazards and natural disasters.
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