The vulnerability of a business can change in a heartbeat, and according to Business News Daily, incidents such as fires, floods, power outages, snowstorms and thefts can threaten business continuity for organizations if they aren't prepared. However, there are ways to stay organized and ready in the event of a crisis.
Here are five steps to help create a disaster management plan for businesses:
1. Develop a strategy
The first thing every organization should do when first starting operations is to create an actual plan. It might sound simple enough, but several businesses avoid handling disaster management plans and put their company at risk from the beginning.
Disaster planning needs a strong support from the organization's chief administrative officer, which is also known as a policy entrepreneur, reported Emergency Management. Businesses should consider a committee to organize and update plans to constantly stay aware of possible threats.
2. Evaluate all the possible risks
As a disaster management committee begins to create a new plan, businesses need to know every single type of threat that could cause damage to the company, and how those threats would affect operations, Business News Daily reported.
Threats can range anywhere from natural disasters to man-made incidents such as robberies. A disaster management plan can lump similar disasters into the same response method, which will simplify training and boost operation reliability.
3. Create risk mitigation techniques
After a business understands its most important functions, the next step is creating risk mitigation techniques to control the incident from turning into a severe crisis. Preparedness is absolutely essential for a disaster recovery plan, and events like power outages should have immediate plans to fix the disruption, reported the source.
4. Notify the appropriate personnel
Companies can improve their reaction time to an incident by sending an emergency notification to the right people in the company. When disaster management personnel have ample time to alert other executives or partners, damage across the company can be limited.
5. Continue to prepare and plan
The possibility of risk is never-ending and businesses have to continue to change their response plans as new conditions arise, reported Emergency Management. Even a subtle shift in federal regulation could alter the way a plan is administered, so it's critical plans evolve in tandem with the risk landscape. Organizations should also train through appropriate tests and exercises to evaluate what processes are the most effective.