Planning to Protect Your Business….Thoughts from Down Under
In previous blogs we have cited some of the work being done in partnership with the government sector to promote a security culture and resilience in the work place. This article is based on guidance issued by the Australian government and has excellent lessons, guidance and advice for any business around the world. The increasingly global nature of threats and hazards demands that we also look at overseas partners to help build our own best practice at home.
Planning and Preparedness
If you run a business, you will know that success does not come easily.
Business survival and profitability requires good planning, good management, self-belief and a lot of hard work. It also requires planning for the unexpected. In addition to the constant pressures of the marketplace, your business is at risk from a range of hazards outside your control. Anything from a burst water pipe, a fire, an earthquake, a criminal act or even a terrorist attack could affect your business, your livelihood, your safety and the safety of those who work with you.
Planning for an incident and working out how your business will respond and recover are some of the most important things you can do. The time for planning is now. How well you survive and move forward from an incident will depend on the measures you put in place beforehand. Planning to manage risk should be an essential part of your business planning.
If you are ready for an incident of any kind its impact will be less, your recovery will be quicker and easier, and you will be in a better position to achieve your long-term goals. Good security planning even has business benefits—building customer confidence and enhancing your reputation.
What to do
Good security planning is really just common sense.
The steps involved are easy to understand and apply to your business.
- Know your business
Understand how your business works and know what things are vital to its ongoing operation.
- Identify the risks
Identify the risks your business might face.
- Analyze the risks
– What is the likelihood of these risks occurring?
– What would the impact be?
- Evaluate the risks
Weigh up the risks and decide what needs to be done to treat them.
- Develop an emergency plan
Develop a plan to guide your response to an incident.
- Develop a continuity plan
Plan what will need to be done to get your business going again.
- Make security planning part of your everyday business
Good planning is good business. By regularly reviewing your plans, you will be in the best possible position to minimize risks, manage any incident and move forward afterward.
Make security planning part of your everyday business
Good security planning is good business.
It will help you manage and recover from all types of incidents. Security planning will deliver many practical benefits, such as:
- Contributing to the success of your business.
- Helping achieve your goals and objectives.
- Protecting the safety of you and your staff.
- Protecting your profitability and livelihood.
Consult with your employees about security planning and make security planning part of the way you do business.
ETS Risk Management has helped many of our clients and partners prepare and integrate security planning and business continuity procedure. Please contact us to learn how we might assist you prepare for tomorrow’s challenges.