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Stock illustration: Businessman stops falling dominoes

When your business is faced with disaster, how will you keep up day-to-day operations? Preventing disruption is key, since any interference with daily business activity means lost revenue and reduced profit. Still, 51 percent of organizations across the world do not have a business continuity plan, according to a study based on Mercer’s “Business Responses to the Covid-19 Outbreak Survey.”

A business continuity plan provides a framework for addressing how to operate during a disaster, how to communicate, and how to recover. Covid-19 has shown many businesses the fallout that can result from not having a business continuity plan.

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