Business Continuity
If there is anything that the pandemic has taught us, it’s that the world is an unpredictable place. One day you’re working through your 3-year plan, the next you are trying to figure out how to support a remote workforce and keep the high level of services your members need. There are many events that can derail your plan. We can never predict them all, but we can prepare to react when they occur.
Your responsibility as a leader in your credit union is to decrease the likelihood of a disruptive incident and prepare your organization to continue to deliver its essential products and services if a disruption occurs. Planning in advance of an incident ensures you will have the capability to operate critical functions during an emergency. Making decisions during an incident is stressful enough. Making as many as possible ahead of time will ease that burden.
Our business continuity planning will walk you through a business impact analysis, work through recovery strategies, develop an actionable plan and finally, test the plan against one of many table-top exercises. During our table-top exercise, we simulate an event and walk your staff through that event and discuss their response. As the simulation continues, the circumstances change and your staff will need to react. Testing the plan is just as important as having a plan.
Make sure your organization is resilient enough to withstand and react to an emergency situation. Your plan may be the only thing between an event and business failure.