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Business Survival
Directors, Managers, and staff each have a clear interest in the survival of a business.
- Directors. There is increasing significance to the concept of corporate governance. Recent government reports, Cadbury and Turnbull, clearly identify the responsibility that directors have for the on-going survival of a business.
- Managers. There is the ever-growing legislation that must be adhered to.
- Staff. There is the need for gainful employment.
Three parties, with a common aim, the survival and prosperity of the business.
Business Continuity Management seeks to:
- Minimise the risk of an incident.
- Minimise the negative impact of an incident.
- Minimise the time to recover from an incident.
- Maximise the positive benefits of planning.
- Maximise the positive impact of an incident.
Business Sense
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