‘If something can go wrong, it will’ – Murphy’s Law.
So, it is surprising to find out that 65% of businesses in the Middle East do not have a Business Continuity Plan in place.
In today’s dynamic world, where business crossed international borders at the speed of light, supply chains extend all around the globe and the political-economic arena is constantly changing, can businesses not take precautions to prepare for the worst?
According to Ventures Middle East, the 10 top threats to Business Continuity in the Region are:
Cyber-attacks & Data breach
Adverse weather like Rain Floods, Sand Storms, Earthquakes etc.
Pandemics & Infectious Disease
Unplanned IT or telecom outages
Supply chain disruption
Utility supply interruption
These can cause serious damage to a business, its products or services, its reputation and its continued existence.
And, it doesn’t just affect big businesses! For SMEs it is critical to be prepared as you haven’t the resources that big companies and multi-conglomerates have.
Implementing the ISO 22301:2012 Business Continuity Management System (BCMS) can help you identify the risks, action plan against them, keep your staff aware and put procedures in place to keep the business running when problems strike.
Among the benefits of implementing ISO 22301 BCMS are:
Reduces impact and frequency of business disruptions
Enhances your ability to respond when disruptions do occur
Gives you confidence in your responses and ensures appropriate and agile contingencies
Better stakeholder/interested party relationships
Protects and enhances your reputation and credibility
Improves your ability to win tenders
Greater visibility of business risks both externally and internally across the business
Cost savings through mitigating impact of disruptions
For more information on Business Continuity Planning and Implementation email firstname.lastname@example.org or visit our website www.csa-consultants.me
Don’t fall foul of Murphy’s Law – Be Prepared!