Business Continuity Planning (BCP)
Rescue and Revitalization Projects

The ultimate goal of a robust business continuity plan is to ensure the ongoing viability of your company in the face of potential threats. At the very least, a BCP will minimize the harm to your business, that results from a variety of adverse scenarios. 

At Liberty Grove, we take business continuity very seriously. We have a step-by-step process for setting up a written continuity plan that will protect your organization from numerous risk factors.

Step 1 – Identify Potential Threats

Step 2 – Create Prevention/Precautionary Systems

Step 3 – Outline the Steps Required to Recover and Return to “Regular Trade”

We can categorize the types of adverse scenarios as follows:

Natural Disasters
This is probably the category that comes to mind first. Depending on where your office or offices are geographically, only some of these natural disasters would apply to you. Of course, we will only establish measures for scenarios that are likely to be relevant to your company. A few examples are:

  • Flood

  • Hurricane

  • Earthquake

  • Snowstorm

Any of the above might cause physical damages and/or significant power outages.


Cyberattacks
Unfortunately, these are prevalent. A few examples are:

  • Ransomware

  • Malware

  • Phishing

  • DoS and DDoS

Even with the best security measures in place, given the increased sophistication of such attacks, you could be victimized. 


Internal Threats
We don’t like to think about these, because we prefer to trust our employees. But one never knows. A few examples are:

  • Embezzlement

  • Pilfering/Theft of Physical Property

  • Intellectual Property Theft

  • Operational Threats

  • Manufacturing and distribution companies have their own set of risks. A few examples are:

  • Equipment Malfunctions

  • Supply Chain Disruptions

  • Port Strikes

Miscellaneous Threats

Even the long list above does not cover every possible adverse scenario that you would want to include in a comprehensive business continuity plan. Here are a few more that, depending on your industry, might be relevant for your company:

  • New tariffs imposed on goods or parts you import from abroad

  • Lawsuits filed against you for any number of reasons (we do seem to live in a litigious world)

  • Baby boomers leaving the workforce and taking business-critical knowledge with them

  • A stock market crash or significant downward adjustment

Conclusion and Next Steps

A business continuity plan is not a “nice to have.” It’s a “must-have” for your peace of mind and your protection. Call us at 630-858-7388 or email us at nav@libertygrove.com. There’s no time like the present to protect your future viability.

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U.S. (Chicago) Office:

18W140 W. Butterfield Road

15th Floor

Oakbrook Terrace IL 60181

Ph: 630-858-7388

nav@libertygrove.com

Canadian (Toronto) Office:

4711 Yonge Street

10th Floor

Toronto ON M2N 6K8

Ph: 416-646-8484

nav@libertygrove.com

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