Revising your business continuity plan
In this last module, we look at the best practices for reviewing and maintaining your business continuity plan after a temporary closure.
Once you’ve reduced risk and successfully resumed operations, take the time to review your business contingency plan and evaluate the services that are critical to your operations, system and infrastructure.
Ultimately, the key to overcoming challenges as a business owner is to periodically reassess your plans and adjust your protocols as needed. Compare your company’s performance against your revised objectives, and make any necessary changes. Monitor and train your staff to follow the most up-to-date health, safety and security procedures. Communicate with stakeholders to identify potential issues early and discuss ways to improve your crisis management. This will help you prepare for another loss or a second wave of the virus.
Here are templates from the Business Development Bank of Canada to help you plan your business continuity exercise.