RELATED TOPICS: Risk Management | VUCA Environments

SEED Advisory - Business Continuity

Business Continuity Planning

Business Continuity Planning - BCP - is a discipline of Enterprise Risk Management which is particularly linked to corporate strategy. This is because the processes and functions identified as critical for the business are derived straight from the long-term strategic plan devised by executive management.

 

Our team consists of experts with proven track record at blue chip companies in this field. Having collaborated extensively with senior executives to ensure the identification and operation of mission-critical processes, we understand that BCP can only be effective if it originates from a deep understanding of the company strategy and it's vulnerability to systemic and operational risks.

Business continuity & Management framework:

SEED Advisory Business Continuity Planning Framework

More practically, BCP is a proactive planning effort that aims to identify and prioritise the critical processes & functions and mitigate the impact of any potential threats to those functions. After the identification of the critical processes, clear plans and procedures need to be developed through a program of personnel training, plan testing, and maintenance. This will in turn ensure continuity for business functions critical to the organisation's strategy under the circumstances and worst-case scenarios set out by senior management.

Business Continuity Life cycle

The Business Impact Assessment or BIA, is a systematic, repeatable and substantially defensible analysis that quantifies and qualifies financial, operational, service, legal / regulatory and brand impacts to the enterprise, in the event key business process cannot be performed.

SEED Advisory Business Continuity Life-cycle

Our team assists you from the Assessment Phase to the Maintenance Phase. We cover the best practice life-cycle advisory and implementation with your strategy and risk team:

  • Business Impact Analysis
  • Site Risk Assessment
  • Gap Analysis
  • Continuity Strategy
  • Plan Development
  • Test & Maintenance

BIA Workshop

We organise BIA workshops for management teams in order to:

  1. create awareness and education
  2. help prioritise business areas and locations as well as business processes
  3. reduce the time and resources required to conduct the next BIA
  4. facilitate data capturing on business risk events
  5. challenge the business functions on impact, risk and recovery
  6. capture critical business inter-dependencies fro recovery