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Burt Michaels2024-03-20 04:20:402024-03-19 06:56:31Is Unionization Senitment Growing in The Fast Food Industry?Business Continuity Planning Services
March 1, 2021
Business Continuity Planning Services
Business continuity planning services are designed to help employers manage risk, in whatever form it may arise. COVID-19 caught many businesses off guard. Those who were unprepared for the shock that came with COVID-19 experienced catastrophic losses, halting production, and for some, sending their companies into bankruptcy.
Businesses that thought they would never experience a natural disaster were hit particularly hard. Without a business continuity plan in place, the situation proved disastrous, with financial losses piling up as the pandemic progressed.
Today, many business owners are looking to 2021 for further recovery and increased market growth, hoping to put the challenges of the pandemic behind them. With 2021 poised to be a year with increased optimism, many businesses learned the hard way that business continuity plans should be tested regularly to help navigate disasters and remain resilient during any crisis.
Failure is Good During a Business Continuity Stress-Testing Event
Consider implementing business continuity plans that don’t only exist on paper. Create situational scenarios that put your business in a simulated crisis, forcing employees to take action. This way, business owners can identify issues while offering solutions to manage them in the future. Expect high levels of failure. Testing your business continuity plans is a great experience for your company and will keep your workforce prepared for anything in 2021.
Form a Committee to Stress-Test the Business Continuity Plan
The truth is that your workforce is likely focused on productivity as your company recovers from the COVID-19 pandemic. Of course, everyone is dedicated to putting the pandemic behind them, but planning for the future should be on many business owners’ minds as they enter the new year.
Business continuity plans are often a low-priority task, but after 2020, they have proven to be an essential part of business. Consider forming a committee with senior leadership or staff that is dedicated to regularly contributing to these plans. The efforts of this committee are important to maintain viability through any unpredictable event.
Simulated stress tests will ensure that your business can remain profitable during a disaster and help identify exactly how staff can secure core business relationships. Your business continuity committee can regularly plan for and adjust stress tests, meet the needs of the business, and carefully plan for any crisis. Their efforts will be a source of clarity if disaster strikes once again in the coming years.
Invest in Planning For Risks Against Your Business
Many business owners likely scoffed at placing any financial investment into continuity planning before the pandemic broke in early 2020. Today, it’s a different story. Truly anything is possible, and labor disputes can prompt a number of concerns including security risks and halts in productivity.
Consider leveraging the experience of outside firms to guide senior leadership on how to best draft business continuity plans and create scenarios that will put your workforce to the test. A third-party firm can identify weaknesses that have been overlooked and help you plan for any disaster in the future.
Stress testing is a complicated matter that must include every member of your business. Disaster can strike in an instant; third-party firms can ease the workload of stress-testing and guide leadership through the process while reviewing existing business continuity plans.
Ensure Your Business Remains Viable During any Risk with AFIMAC
Today employers are being challenged on their ability to maintain their operations and productivity while keeping large workforces safe and healthy. AFIMAC specializes in ensuring an employer fulfills their duty of care obligations in the midst of the COVID-19 pandemic. AFIMAC can offer guidance and tools for any workplace, including digital screening tools that can protect the workforce and keep them productive during a disaster.
Leave your business continuity planning needs to a firm that has specialized in such matters for decades. Have plans in place for absolutely anything and avoid risk before it causes disruptions to your business. Such offerings can address natural disasters and even labor shortages.
Lean on A Third Party For Business Continuity Planning Services
One of the best ways to maintain continuity is to parter with AFIMAC to help guide you through the process. AFIMAC maintains fleets of resources for any kind of labor stoppage, either due to a union dispute or a natural disaster. When such planning is completed, employers can be certain they have access to the support resources needed for any occasion.
Contact AFIMAC Global For More Information
Contact us to learn more about the available services provided by AFIMAC including contingent workforces, risk management, and planning for labor disputes.
Update January 2nd, 2024: A successful business continuity plan includes provisions for labor disputes, natural disasters, and even worker shortages. AFIMAC often provides such planning for employers in North America at incredibly small costs, allowing the employer to call upon such services when they are needed. Simply having a plan in place can help to maintain operations despite a worker strike. Connect with us directly and learn what role AFIMAC can play during a work stoppage or natural disaster. Any employer concerned about the risk of an upcoming strike should begin the planning process now. Fill out the form below and speak with an AFIMAC representative today.
