It Pays To Have A Business Continuity Plan
It Pays To Have A Business Continuity Plan – It Wasn’t Raining When Noah Built The Ark!
New Zealand compliance publisher Brookers Ltd and international accounting network Moore Stephens International have joined together to offer New Zealand businesses a cost effective solution to preparing business continuity plans. The BusinessWise Continuity Planner, released today, is an innovative and intuitive software product which walks business owners and managers easily through the steps required to prepare an individualised plan.
Business continuity planning aims to identify how a business can be rebuilt if it loses access to key data or client information, or how it will continue operating without power/gas, or is affected by fire. The Continuity Planner draws on Moore Stephens International’s extensive experience in this area.
Brookers General Manager Product Development, Haydn Davies, says a recent study by DHL Express showed that 92% of businesses saw the need for a continuity plan, but 41% did not have one in place.
“And 48% of those who didn’t have a plan in place cited workload issues as the main hindrance, with 24% simply being unsure how they should start planning,” he said.
Mr Davies said Brookers and Moore Stephens International believe many New Zealand businesses would be interested in the new product as a means of ensuring their future survival.
“In the event of a disaster or significant outage, it’s businesses with a recovery plan which will survive,” he said. “The businesses who plan for continuity during and after such events will ultimately be those that succeed and grow. They will do this not only by keeping their businesses going, but also by winning customers from businesses without such a plan.”