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Insurance Institute for Business

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Even if the worst happens, be prepared to stay Insurance Institute for Business & Home Safety – PowerPoint PPT presentation

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Title: Insurance Institute for Business


1
Insurance Institute for Business Home Safety
  • Even if the worst happens,
  • be prepared to stay

2
What If . . .?
  • Natural, human-caused, technological or
  • building-specific disaster
  • Could you contact employees / vendors /
    customers?
  • What if your equipment or machinery were damaged?
  • What if you lost valuable information/data?
  • Would you lose market share or reputation?

3
WHY PLAN?
Disaster Resilience
Preparedness is an essential element of a
resilient and secure Nation. Presidential
Proclamation, September 4, 2009
4
Protect Your Business
  • Open for Business was designed to provide small
    to mid-sized businesses with the tools needed to
    create a comprehensive business continuity plan.

5
Objectives of Business Continuity Planning
  • Protect people and property
  • Resume critical business operations
  • Minimize downtime
  • Remain competitive
  • Preserve reputation
  • Meet obligations

6
Before You Begin
  • Senior-level support is critical
  • Budgeting
  • Make planning a company-wide priority
  • Engage employees
  • Planning is more manageable
  • Employee cooperation The plan is only as good as
    its execution

7
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8
Planning Process
  • Identify potential threats and impacts
  • Establish controls to minimize risk
  • Create procedures for effective response and
    incident management
  • Recover your business
  • Plan for recovery of IT systems data
  • Develop a business continuity plan (operations)
  • Implement employee awareness/education, training
    exercises
  • Maintain update the plan

9
Identify Your Risks
  • Natural hazard events
  • Intentional or unintentional human-caused
    incidents
  • Technological failure
  • High absenteeism
  • Building specific
  • problems

10
What Could Happen - Impacts
  • Look beyond natural disasters
  • Geographic location
  • Building structure
  • Building infrastructure
  • Vendor/Supplier continuity
  • Data storage
  • Standard company procedures

11
Put Controls In Place
  • What can you do to prevent the identified
  • risks from causing a business interruption?
  • You cant stop the event, but you can
  • Mitigate property loss
  • Prevent loss of data
  • Plan for a recovery location
  • Set up back-up telecommunications strategies
  • Encourage employees to return to work
  • Transfer risk

12
Incident Management and Crisis Communication
  • Life safety
  • Incident stabilization
  • Damage assessment
  • Property conservation
  • Crisis Communications

13
Recover Your Business
14
Recover Your BusinessContacts
  • Employees
  • Key Suppliers/Vendors
  • Key Contacts

15
Recover Your BusinessMaintain Operations
  • Critical Business Functions
  • Vital Records
  • Critical Telephone Numbers
  • Critical Supplies
  • Equipment/Machinery/Vehicles

16
Recover Your BusinessOffice Setup
  • Recovery Location
  • Computer Equipment Software
  • Voice/Data Communications
  • Miscellaneous Resources

17
Recover Your BusinessMake It Stick!
  • Implement company-wide changes
  • Make BC plan education part of new-hire training
  • Add BC plan policies and procedures to employee
    handbook
  • Maintenance, testing, and training
  • Update the plan regularly
  • Test the plan at least once per year
  • Conduct periodic reminder training

18
Recover Your Business Update
  • At least once per year, better every 6 months
  • Employee turnover
  • Major policy change

19
Recover Your Business Test Refine
  • Hold regular drills
  • Fire/Tornado
  • Table top exercises
  • Simulated exercises
  • Full exercises

Is your plan on target?
20
Open for Business www.DisasterSafety.org
21
Online Training Series
22
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23
Thank you.Any questions?
Presenter Name Title/Organization Phone
E-mail Website
24
DISCLAIMER
  • IBHS SHALL HAVE NO LIABILITY, IN NEGLIGENCE, TORT
    OR OTHERWISE WITH RESPECT TO THE USE OF ANY OF
    THE INFORMATION AND/OR PRACTICES DESCRIBED IN
    THIS SLIDESHOW.  ALTERATIONS OR MODIFICATIONS TO
    ANY OF THE CONTENT OF THIS SLIDESHOW ARE THE SOLE
    RESPONSIBILITY OF THE PERSON AND/OR BUSINESS
    MAKING SUCH ALTERATIONS OR MODIFICATIONS.
     NOTHING CONTAINED IN THIS SLIDESHOW IS INTENDED
    OR WRITTEN TO BE USED, NOR MAY IT BE RELIED UPON
    OR USED, BY ANY PERSON AND/OR BUSINESS AS LEGAL
    ADVICE.
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