Business Continuity: Because Hope Is Not a Strategy
The Association of Governance, Risk & Compliance (AGRC)
Connecting the global GRC community
In June 2023, a ten-hour failure in BT's emergency 999 call system resulted in nearly 14,000 missed calls, leading to a £17.5 million fine for the UK telecom giant. This incident underscores the critical importance of robust business continuity planning. Today, organisations face a myriad of disruptions, from sophisticated cyberattacks and supply chain breakdowns to extreme weather events and geopolitical tensions. Traditional approaches, such as static disaster recovery manuals, are no longer sufficient. Modern resilience demands agility, real-time data, and proactive leadership. In the UK and EU, regulations like the General Data Protection Regulation (GDPR), the Network and Information Systems (NIS) Directive, and ISO 22301 mandate stringent business continuity and disaster recovery measures. Compliance is not just a legal obligation but a strategic imperative to ensure operational resilience in an unpredictable world.
What ‘Good’ Looks Like Today
In today's unpredictable environment, effective business emergency preparedness transcends traditional ‘fire drills’, embracing a comprehensive all-hazards approach. This strategy equips organisations to handle a spectrum of potential disruptions, from cyberattacks to natural disasters. Modern preparedness leverages digital-first resilience, utilising artificial intelligence (AI) for risk assessments and real-time scenario modelling. AI analyses vast data sets to predict potential threats, enabling proactive measures. For instance, AI can identify risks by analysing historical data, external sources, supply chains, human resources and environmental factors.
Leadership plays a pivotal role in embedding business continuity into company culture. Forward-thinking leaders move beyond viewing continuity planning as a mere compliance requirement, integrating it into the organisational ethos. The UK's Civil Contingencies Act 2004 mandates that businesses develop robust continuity plans, underscoring the importance of leadership in fostering a culture of preparedness. A practical example is the UK's National Health Service (NHS), which has implemented comprehensive emergency preparedness, resilience, and response (EPRR) frameworks. These frameworks ensure that healthcare services can continue during emergencies, reflecting a commitment to integrated, all-hazards planning. By adopting such an all-encompassing approach, harnessing AI-driven tools, and fostering proactive leadership, businesses can enhance their resilience against unforeseen events.
Developing a Contingency Plan That Works
In the evolving landscape of 2025 and beyond, developing an effective contingency plan requires a shift from static documents to dynamic, adaptable strategies. Traditional fixed plans often fall short in addressing unforeseen challenges, prompting businesses to adopt flexible, playbook-style approaches that can respond in real-time to emerging threats. A key innovation in this realm is the use of digital twins—virtual replicas of physical operations. By simulating various scenarios within these models, companies can stress-test their contingency plans, identifying vulnerabilities and optimising responses before real-world implementation. This proactive approach enhances preparedness and resilience.
The post-Brexit era has introduced significant regulatory divergence between the UK and the EU, presenting cross-border challenges for businesses operating in both regions. Companies must now navigate differing compliance and operational risks, necessitating tailored contingency strategies that account for these variations. For instance, financial services firms have had to adapt to new regulatory frameworks to maintain seamless operations across borders.
Supplier resilience is another critical component. Assessing vendor continuity is essential, and businesses are increasingly requiring Tier-1 suppliers to provide their own business continuity plans. This ensures that the entire supply chain is robust against disruptions. The UK's Operation Yellowhammer, which involved extensive planning with suppliers to mitigate potential no-deal Brexit impacts, serves as a pertinent example of proactive supplier engagement.
By embracing dynamic response models, leveraging digital twins for scenario-based planning, addressing cross-border regulatory challenges, and ensuring supplier resilience, businesses can develop contingency plans that are robust, adaptable and fit for the complexities of the modern world.
More Than Just Surviving
Today, resilience must transcend mere crisis survival; it should encompass proactive strategies that fortify organisations against a spectrum of challenges. Leading firms are now shifting focus from traditional recovery plans to embedding resilience into daily operations, ensuring adaptability and sustained performance.
Cyber Resilience: The rise of sophisticated cyber threats, such as ransomware-as-a-service (RaaS) and deepfake fraud attacks, necessitates robust defences. A notable incident involved a UK company defrauded of £20 million through a deepfake scam, where criminals used AI-generated audio to impersonate executives, prompting unauthorised fund transfers. To combat such threats, businesses are investing in advanced cybersecurity measures, continuous monitoring and employee training to recognise and respond to fraudulent activities.
Financial Resilience: Maintaining financial stability is crucial. Best practices include preserving cash reserves, diversifying revenue streams, and prudent financial planning. For instance, companies like Bunzl have demonstrated resilience by strategically diversifying their product offerings and markets, enabling them to navigate economic fluctuations effectively.
Employee Resilience: The shift towards hybrid work models has significant implications for business continuity. While some organisations, such as JP Morgan, are advocating a return to full-time office work, others recognise the benefits of flexible arrangements. Implementing supportive policies, providing necessary resources and fostering a culture of adaptability are essential for workforce recovery post-crisis. This approach not only aids in maintaining productivity but also enhances employee well-being and retention.
By integrating resilience into their core operations, businesses position themselves not just to withstand crises but to thrive amidst them, turning potential challenges into opportunities for growth and innovation.
Access the full article via this link
For more articles, please visit our website | The Compliance Digest
Culture, Communication and Collaboration: Remote Team Building and Development
Introduction
The shift towards remote work has transformed the modern business landscape, offering flexibility, cost savings and access to a global talent pool. However, this transition presents unique challenges in building a strong team culture, fostering communication and ensuring effective collaboration. Without shared physical spaces, teams risk feeling disconnected, leading to reduced engagement and productivity.
How can businesses ensure their teams remain connected, creative and engaged despite physical distance? The key lies in building empathy—understanding and valuing each team member’s experiences and perspectives. This article will explore innovative solutions, fresh perspectives, and emerging trends to help businesses cultivate strong, cohesive remote teams.
Building and Maintaining Company Culture Remotely
A strong workplace culture is the backbone of any successful organisation. It fosters engagement, motivation and a shared sense of purpose among employees. In traditional office environments, culture is reinforced naturally through daily interactions, shared experiences and informal conversations. However, in a remote-first world, these organic moments are lost, making it difficult to cultivate and maintain a cohesive company culture.
Without a shared physical space, company values, mission and team spirit can become diluted. Employees may feel disconnected from their organisation’s purpose, leading to lower engagement and productivity. For example, companies like Zapier and GitLab—both fully remote—have tackled this challenge by focusing on ‘microcultures’ within teams, allowing for flexibility while maintaining overarching company values. This decentralised approach recognises that employees across different time zones and backgrounds may develop unique ways of working while still aligning with the broader mission.
To strengthen culture remotely, businesses must shift from visibility-based management to value-driven leadership. Regular virtual rituals—such as remote coffee chats, digital celebrations, and open Slack discussions—help foster connection. Transparency through public forums like Notion and asynchronous updates ensures alignment. By embracing these strategies, businesses can build a strong, inclusive and adaptable company culture, no matter where their teams are located.
Communication in a Remote World
Effective communication is crucial in any organisation, but remote work has transformed how teams interact. Without in-person cues such as body language, tone and spontaneous conversation, misunderstandings can arise, leading to friction and disengagement. The over-reliance on written communication—endless emails, Slack messages and documentation—can create fatigue, reducing productivity and clarity. Employees often experience ‘Zoom fatigue’ from excessive meetings or ‘Slack burnout’ from constant notifications, making communication more of a burden than a tool for collaboration.
To overcome these challenges, remote teams must rethink communication strategies. A growing trend is ‘Minimum Viable Meetings’, where companies like Dropbox and Shopify have significantly reduced unnecessary meetings, shifting towards asynchronous communication. Recorded video updates (via Loom), structured messaging, and AI-driven assistants (Notion AI, ChatGPT) summarising key discussions are helping teams streamline information sharing. Digital tools like Yac allow voice memos to replace long emails, fostering clarity while maintaining flexibility.
Another emerging concept is ‘digital body language’—how teams express engagement online. Emojis, GIFs and reactions on platforms like Slack and Zoom create a more interactive and human communication experience. Companies like GitLab even provide training on effective virtual communication to ensure messages are understood as intended. By embracing these innovations, organisations can maintain clarity, engagement and collaboration, regardless of physical distance.
Rethinking Collaboration in a Remote-First World
Collaboration fuels innovation, but remote work has disrupted traditional teamwork dynamics. Without spontaneous brainstorming or impromptu ‘watercooler moments’, teams may struggle to generate creative ideas naturally. Decision-making can also slow down due to time zone differences and asynchronous workflows. At the same time, many remote employees experience ‘collaboration overload’—a flood of messages, notifications and virtual meetings that can lead to burnout rather than productivity.
To overcome these challenges, companies are leveraging AI-powered brainstorming tools. Platforms like Miro’s AI-driven ideation and ChatGPT help teams generate and refine ideas asynchronously. Some organisations even use AI to analyse Slack conversations and suggest action points, reducing the need for excessive meetings.
Another emerging strategy is the ‘Work in Public’ philosophy, where teams openly document discussions, ideas and progress in shared digital spaces like Notion and ClickUp. This transparency ensures alignment across departments and speeds up decision-making without requiring constant check-ins.
Striking the right balance between real-time and asynchronous collaboration is also crucial. Tools like Figma, Miro and Zoom whiteboards facilitate live brainstorming, while Google Docs comments and Loom video updates enable thoughtful contributions over a period of time. Some companies, like Automattic, are adopting ‘silent meetings’, where team members submit written ideas before discussing them, reducing groupthink and allowing introverted voices to be heard. Others favour ‘slow brainstorming’, where ideas develop over several days rather than in rushed sessions. By rethinking collaboration, businesses can harness remote teamwork's full potential, fostering both efficiency and creativity in a digital-first world.
Access the full article via this link
For more articles, please visit our website | The Compliance Digest
Upcoming
Events & Conferences
25-26 March 2025 | PAY360 2025
03 April 2025 | Free Webinar | The Hidden Advantage: Why supporting parents & neurodivergent employees is the best kept secret in business
23-24 April 2025 | 17th China International Anti-Corruption Compliance Summit 2025
30 April – 01 May 2025 | 19th Annual Flagship Conference on Economic Sanctions Enforcement and Compliance
05-07 May 2025 | Operational Resilience for Financial Institutions
To stay updated on the latest happenings and upcoming events, explore our Events & Conferences section | Discover dynamic forums designed to foster networking opportunities and knowledge-sharing within your specific community or field.