Major crises do come.
It’s just a matter of when, where, and how bad the damage will be. All interruptions to business operations are undesirable; some interruptions, however, are impossible to recover from. Highly severe interruptions, to critical assets and systems, striking key processes, can be so damaging that many businesses never bounce back. The goal of business continuity should be to ensure that your systems, plans, training, and thinking are all coordinated to allow your business to experience minimum downtime, maximum robustness and maximum resilience. Good business continuity makes for a good reputation among customers, good commercial viability, and good profitability.
Business continuity is an ongoing process.
Erudite Risk can help you manage and build better, more robust business continuity through better management of each step in the business continuity process. We have the local knowledge, experience, and skill to help you build better plans at each step of the process.
Separate Elements of Business Continuity
Business Impact Analysis
We work with you to identify the parts of your business that matter most. Personnel, processes, assets, and the linkages and dependencies between them are the main determining issues surrounding whether and how deeply crises affect your organization. Without a solid understanding of how your business works, planning for crises will always be suboptimal.
Crisis Management Planning
Not all crises are preventable or avoidable; but with good preparation, planning, training, and practice even the worst of crises are manageable and survivable. Our CMP services focus on crisis prevention, crisis avoidance, crisis handling, and crisis termination. Erudite Risk helps you through the process of actually thinking about crises and solidifying and documenting that thinking. This is where the internal personnel and structures necessary to implement those plans are settled.
Erudite Risk offers Risk Assessment services as a standalone service for worksites and residences, allowing you to integrate our assessments into your already-existing frameworks for better results. Our risk assessments are also used to avoid making decisions that will lead to more difficult business continuity issues later. Risk assessments can and should be done before you sign the lease and before you commit to a worksite.
Evaluation and Stress Testing
Erudite Risk can evaluate your existing business continuity and crisis management plans for effectiveness. The best planning processes all include a feedback loop for correcting errors and improving plans. Stress testing provides the data for those adjustments. Once the first round of planning is done, stress testing can show where the rubber doesn’t meet the road.
Learn more about our Business Continuity services in different countries.
Effective risk assessment is the foundation of effective risk management.
— Worksite Risk Assessment
A worksite risk assessment from Erudite Risk helps keep your facility and business safer, and more secure, so you can keep it up and running.
— Residential Risk Assessment
A residential risk assessment from Erudite Risk helps you choose the right residence and make it safer once you do.
Crisis Management Planning is the process of determining the courses of action available to protect all of an organization's key assets in times of crisis.