Business Continuity Planning and Your ND Practice
by Kathy Everitt on Friday, September 15, 2017
While emergency preparedness can help to increase the chances of survival during a disaster, what about after the disaster? You have a practice and your livelihood to consider. What about retaining your employees, your patients, protecting your reputation and mitigating losses?
To protect your practice during a disaster and to come back strong afterward, consider a business continuity plan (BCP). The goal of the BCP is for your practice to survive and respond with resiliency after a disaster.
A BCP analyzes all the possible events that can happen and determines the functions critical to your practice’s survival and resiliency. It uses a business impact analysis and a risk assessment to develop a continuity plan. The four stages of a BCP are:
This is the emergency stage where your goal is to protect people, protect your physical assets and protect your reputation at the moment of the disaster.
This is the alternative marketing stage where you evaluate the impact of the disaster on your practice reputation and patients.
This is the contingency stage where you may have to initiate alternative plans to minimize your down time.
This is the communication stage where your goal is to preserve or enhance the trust and the confidence of all the stakeholders in your practice.
At first glance, a BCP doesn’t appear to be an easy task; however, the future of your practice may depend on it. Please call NCMIC at 800-952-9935 with questions about this topic. We’re here to help!
- risk management