Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
Business Continuity
The process of business continuity planning entails development of a practical strategy for corporations to prepare themselves for, and keep up their operations, following a crisis or disaster. Business continuity plans (BCPs) aid organizations in identifying and preventing risks wherever possible, preparing for risks they are unable to control and responding and recovering in the event a crisis or incident does occur. Preparation of a plan for business continuity will facilitate quick business recovery in the event of a disaster/crisis. One cannot predict all sorts of incidents that pose threats to businesses. However, one can formulate a plan covering an array of incidents (natural disasters, staffing issues, computer/technological issues, etc.). (Queens Land Government, 2015) In every instance, companies cannot flourish without proper planning, monitoring, and resource management.
The organization -- First Class Cleaning and Sanitation Services -- offers general cleaning services to businesses as well as homes. It has no BCP, which has negatively impacted the organization, particularly in times of floods. Some consequences of failing to have a BCP are outlined below:
Cash flow problems will certainly crop up if the company fails to plan adequately for when and where funds are required. Late payments will likely lead to...
(Silver, 1997)
Lack of planning implies lack of a vision and mission statement. An organization's workforce will be most productive if it can view and comprehend the big picture that explains the rationale behind their tasks. Consequently, absence of a plan will affect productivity. Further, it is quite likely that much precious time will be wasted, as employees duplicate each other's work, and some of important tasks go neglected. (Silver, 1997)
The workforce of companies lacking adequate planning will likely have a weak morale. Employees, aware of the disorganized environment they work in, will suffer frustration and stress owing to the difficulties they face in executing tasks assigned to them.
Absence of a plan might require hiring of new employees whenever a need is observed in any department of the organization. If these needs are not balanced with what the organization can afford, its payroll expenses will skyrocket uncontrollably.
Solutions to Companies with Risks of Natural Disasters
As the in-charge of these manufacturing entities in Japan, I would conduct risk assessment, which must be cognizant about effects of natural disasters on business. Natural disasters take up an entire section of business plans and include a range of…
Bibliography
Griffin, J. (2013). Natural Disasters Highlight Importance of Business Continuity Plans.
Silver, F. (1997). Quick Books Online. In The Effects of Lack of Planning in an Organization.
The Center for food security and public health. (2010). POWER OUTAGES AND YOUR Business: Man-Made and Technological Threats. Retrieved from: http://www.prep4agthreats.org/Assets/Factsheets/Power-Outages-and-Your-Business.pdf
BC Hydro. (2016). Prepare your business for an outage. Retrieved from: https://www.bchydro.com/safety-outages/power-outages/prepare-for-outages/prepare-your-business.html
Queens Land Government. (2015, January 21). Business and industry Portal. Retrieved from https://www.business.qld.gov.au/business/running/risk-management/business-continuity-planning
Business Continuity Plan (U.S. VISIT-DHS) Internal Key Personnel and Backups The aim of this business continuity is to guarantee continuous business operations of the US_VISIT (DHS) whenever disasters strike. Through this business continuity plan, the company has higher chances of prevailing during the disasters or financial crisis. In times of crisis or emergency within operations, the following key personnel would retain their positions within the company. This indicates that they are extensive
Assurance Models of business continuity and disaster recovery are important for the sustainability of a company, mainly because they shield a company from the many foreseeable and unforeseeable misfortunes that may affect the operation of a business. The business continuity plan refers to a road map used for the continuation of operations in the company during hostile conditions. A disaster recovery plan refers to a set of procedures set forth
Business Continuity Planning, Collaboration, and Training Help Private Agencies Prepare for Events Affecting Critical Infrastructure A business continuity plan is a response plan that sets out how an organization or institution will continue operations after a disruption. Business continuity planning, therefore, is the process of identifying both the external and internal threats that may affect these organizations and institutions, and setting out a detailed plan of how they will operate
Strategic Plan for Google The following is an outline of the strategic plan for Google that provides insights into the organizational activities, competitiveness, and performance. Executive summary of the business plan of Google Google The mission statement of Google Corporate Culture of Google Historical Development, Performance, and Results of Google Management and the Leadership Structure of Google Situational Analysis of Google (SWOT) Analysis Strengths of Google Weaknesses of Google Opportunities of the Company Threats Facing the Performance and Competitiveness of Google Market Research
As a result the revenue generated from the business is mainly in the form of commission for them. In case of the web sites operated by United Airlines themselves, the services are owned by them and therefore, the revenue is direct. (Abdollahi & Leimstoll, 2011) Another model used is the advertising business model. According to this model, the UAL provides advertisement to the companies. These companies then broadcast the advertisements
Jet Blue Airways Theoretical Framework to Crisis Management Approach in Business Continuity Jet Blue Airways Valentine's Day crisis 2007 Jet Blue Airways BCM Crisis management Stakeholder Analysis Invocation and escalation Management and recovery Closure and review Enterprise Management Jet Blue Airways Business continuity management (BCM) is defined by the Business Continuity Institute as 'holistic management process that identifies potential impacts that threaten an organization and provides a framework for building resilience and capability for an effective response that safeguards the interests