Business Risk Analysis and Assistance

 

There are two processes you need to periodically review for your business;

  1. Business Risk

  2. Disaster recovery

Potential risks can fall into three levels;

 Level   Premises 
Intact 
 Out of action for ?   Ability to 
trade 
 Ability of business
to recover 
1

 

Yes few hours Basic Good
2

 

Partially few days Doubtful Probable
3

 

No indefinitely No Bad

These levels are best highlighted by way of examples;

Level 1

Samples of examples are;

  • Loss of phone lines - you cannot phone out, customers cannot phone you, your call centre may be put out of action

  • Loss of electricity - cannot use telephone exchange, no lighting, computers, door systems fail

  • False alarm - either fire alarm or burglar alarm goes off, the noise is such that users cannot stay in the office or make phone calls. Who responds out of hours.

  • Water burst - water has to be switched off - thus no toilets / water for drinks machine / canteen

  • Minor computer virus - stops Emails going in / out

  • Air conditioning fails - computer room may over heat

Whilst all these have a relatively short impact - they are a disruption to the business.


Level 2

Samples of examples are;

  • Burglary

  • Flood damage

  • Localised fire

  • Malicious employee

  • Serious computer virus

If employees are unable to work, you may have to send them home on full pay.

Level 3

Samples of examples are;

  • Failure of building, eg Gas explosion, structural failure

  • Major fire

  • Major flood - mains, water, sewerage all not available.

 

You need to identify the risks and come up with a strategy to overcome them. 

We can use our expertise to help in your preparation, maintain copies "off site" and assist in any disaster recovery.

 

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