WHAT is a Business Continuation Plan?

WHY do you need one?

WHO needs one?

HOW should you respond to emergencies?

HOW will Galena Property Services help you prepare?

Unanticipated events often occur and upset the balance of work and affect profitability. Galena Property Services will help you prepare so you can quickly return to normal operations. We make this happen by developing and enhancing your Business’s Continuity Plans, which keep employees connected to the information required for them to get the job done. At the end of the day Galena Property Services will work with you to develop an Incident Management Plan that guides the executive team through unplanned disruptions. Senior management has their finger on the pulse of what makes your company tick, and these are the individuals Galena Property Services will work with to identify business priorities and mission-critical functions.

Business Continuity Planning (BCP), government calls it Continuity of Operations Plan (COOP) is “planning which identifies the organization’s exposure to internal and external threats and analyses hard and soft assets to provide effective prevention and recovery for the organization, whilst maintaining competitive advantage and value system integrity” (Wikipedia). BCP is technically a set of documents on how to keep your business operating in the event of disasters including: floods, fires, earthquakes, snowstorms, tornadoes, lightning strikes, cyber attack, etc.

Here are some sobering statistics:

  • 40% of all businesses who suffer a disaster, never reopen.
  • 20% of small to medium-size businesses suffer major disaster every five years.
  • 93% of companies that suffer significant data loss are out of business within five years.

It’s because of these reasons that Banks, Health Organizations and Private Companies providing data processing to Federal Agencies are required by law to have business continuation plans. With the major natural disasters this year, Japan tsunami, the Joplin tornado, major east coast flooding, very few business are prepared to recover after. This is where Galena Property Services can help your organization develop emergency plans to stay in operation and not go out of business.

Galena Property Services will do a great job to assisting you with any aspect of your Business Continuation Planning. To create such plans requires special skills and training that most companies do not have, so we will work to create one with you in-house. Large consulting firms usually assign junior people who are often trained in only one aspect of the plan such as information technology, safety or human relations. Few businesses understand all aspects of the Business Continuation Plan but Galena Property Services has the experience and expertise to accomplish all your BCP goals.

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