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Business Continuity

Business Continuity

Considering the global trending crisis landscape, and indeed the UK, landscape, the question to ask is not if it will happen, it is when it will occur.

An unexpected incident often not only negatively impact business operations but reputation as well. Thinking ahead and being prepared to resume your critical operations as prompt as possible, especially your IT systems and the processes reliant on it may be the differentiator for your organizations recovery.

KPMG’s Business Continuity Management System (BCMS) which is largely based on the ISO 22301 and enables your organisation to proactively recognise what is important and what needs to be done before an incident occurs with our proven IT Disaster Recovery plans and effective emergency models.

Following a disaster

  • 25% of Businesses never reopen
  • 80% of Businesses that do not recover within one month are likely to go out of business
  • 75% of Businesses without Business Continuity Plans are likely to fail within 3yrs
  • 82% of Businesses practicing BCM are able to mitigate the impact of disruption.
  • 74% of Businesses with BCM continue to deliver key product and service to customers.

Sources: Business Continuity Institute. The Time is Now

www.thebci.org.

Recent crisis events in the UK

  • Gatwick Airport drone incident
  • Channel migrant crossings
  • Brexit
  • JT submarine cables cut
  • Channel Islands flooding threat

What is your management's paradigm?

CEO's perspective CEO's perspective CEO's perspective
Gaining competitive advantage Delivering IT value Cost effectiveness
  • Can I be in business without a tested plan?
  • Can my business withstand a breakdown in processes?
  • How would it impact corporate value? Our people? Reputation?
  • What happens if we don’t deliver on our service promise?
  • Is the role of IT in business continuity management (BCM) clear?
  • Are IT recovery requirements determined by the business?
  • Am I confident we can withstand or respond to a cyber attack?
  • Can we support the discovery process for intensive litigation?
  • Do I understand the cost of a business disruption?
  • What is the right balance between purchasing business disruption insurance and building our own processes and tools?
  • How do I know we have made cost-effective BCM choices?

 

Whatever your questions, the KPMG BCMS view critical management issues through a business/risk lens to align the resilience program with key stakeholders business continuity requirements.

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