The Importance of Business Continuity Planning: Preparing for the Unpredictable (Full Transcript)

Speaker 1: Wait. Wait. Thanks. Running late? Yeah, traffic was rough this morning. Crisis averted? No crisis, just a little traffic. But what if there had been a lot of traffic? Everyone needs a backup plan. Just like every company needs a business continuity plan. What just happened? Could be a blackout. Completely unpredictable. Where did you get that? It's important to start your business continuity planning early. How long can you operate without core systems and processes? What if your entire network went down? No communications means no sales and lost customers. Why isn't this thing working? Finally. Recovery's good. But 75% of companies without continuity plans fail within three years. Who's in charge during a disaster? Like a fire? Identifying teams and assigning tasks is essential. Everyone needs to know their responsibilities. What's going on? It could be a hurricane. Hurricane? Weather can badly damage your assets. Planning better prepares your company to recover from any disruption. Why aren't you getting wet? Not everyone's under the same umbrella. It's important to test, update, and exercise your preparedness plan. So, can we share? A business continuity plan for one company won't fit another. That's why it's important for everyone to develop their own plans. Why are you wearing a mask? Don't forget to plan for the human element. Contingency planning should go beyond natural disasters. Plan for med-maid threats, too. Hey, let me out. Will your continuity plan be in place when it matters most?