Building adaptive business continuity plans: Practical tips on how to inject adaptiveness into continuity planning processes
Tracy Hatton and
Charlotte Brown
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Tracy Hatton: Resilient Organisations Ltd, New Zealand
Charlotte Brown: Resilient Organisations Ltd, New Zealand
Journal of Business Continuity & Emergency Planning, 2021, vol. 15, issue 1, 44-52
Abstract:
With the world becoming increasingly complex and uncertain, the disruptions that businesses face are becoming increasingly unpredictable. Traditional approaches to business continuity planning must therefore evolve to enhance organisational resilience. As this paper will discuss, it is vital to ensure a balance between detailed planning and flexibility and adaptability. This can be achieved through: 1) creating closer links between business continuity and strategic management; 2) embedding a culture of resilience throughout the organisation; 3) decentralising business continuity planning and enabling teams and departments to design and own their own plans; 4) making planning principles- based; and 5) exercising more frequently. This paper argues that planning must be based on principles and outcomes rather than processes, and how it must, to be integrated within broader risk management and strategy functions to be inclusive of everyone, from the staff all the way up to the board. In short, preparedness and resilience must become part of their DNA.
Keywords: business continuity; organisational resilience; adaptive planning; business disruption (search for similar items in EconPapers)
JEL-codes: M1 M10 M12 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:aza:jbcep0:y:2021:v:15:i:1:p:44-52
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