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ARTICLE · 13 MAY 2020

Business Continuity Planning In Covid-19

Gowling WLG
Gowling WLG
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Gowling WLG

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The purpose of a business continuity plan is to ensure that your business is able to survive a critical incident. It permits an immediate response to crisis in order to shorten recovery time and mitigate impact.

GlobalCorporate/Commercial Law

The purpose of a business continuity plan is to ensure that your business is able to survive a critical incident.  It permits an immediate response to crisis in order to shorten recovery time and mitigate impact.  This pandemic has presented a "critical incident" for the world like no other.  With unknown reach and duration, worldwide implications and no precedent to accurately base projections, it is fair to say we are in unchartered territories.  

As the world reacts to COVID-19, it is likely not an ideal time for management to focus on developing complex business continuity plans.  However, some key business continuity planning points may help your organization enhance its recovery time and trajectory.  Once you are on your way through the recovery phase of this pandemic, you can then begin the exercise of reviewing and renewing your business continuity plan – using the lessons learned from COVID-19 to bolster your plan, increase efficiencies and allow you to

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