Rethink - Revisit your Business Continuity Plans (BCPs)
Canaffor C
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We have been witnessing unprecedented disruptions in our businesses for quite sometime now. Every time a disruption occurs, it sets the clock behind by few years for a company and severely upsets its rhythm. The impact of such downturns on a company continues to drain the vital energies of its management and employees equally.
The disruptions are of two types:
a) usual ups and downs
b) unforeseen disruptions - threatening in nature, how do we overcome it?
Both professionally and personally, everyone involved in handling the crisis are psychologically and emotionally disturbed due to suddenness and severity of disruptions.
Further lack of preparedness on the part on the company makes it even worse for its employees and management to together tackle unknown disruptions.
It's painful for management to divert its valuable resources and pump in huge amount of monies to handle disruptions by sheer trial and error methods, not knowing the future outcome from quick course corrections applied.
It all boils down to two major factors to deal with disruptions:
a) preparedness of your organisation
b) the flexible HR process.
Why BCP?
- Set robust, flexible HR policies and system to mitigate future disruption risks
- Set quick response, implementation and turnaround teams & procedures for all times
- Minimize losses and protect revenue stream & provide customer support
- Reduce hardship for stake holders, owners, employees
- Continuity of 24x7 production, supply chain, availability of resources
- Protection to the employees and maintaining high morale at all times
- Communication and no blame game culture setting
- Plan B for the organisation
It is natural for every organisation worth its salt to build some kind of contingency plans to mitigate "usual ups and down", but to manage severe "disruptions" remains a question mark.
Are we BCP ready? Re- think!
- Do we have processes to handle it?
- Who, what and when it gets activated?
- Implementing and sustaining for continued results
- Training those who are responsible
- Compliance
Are we mitigating disruptions in an effective way?
What are the learning's from your current and past course correction actions? Are results in place?
Build robust capabilities from within - have peaceful sleep!
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