How would you define business continuity? What does it mean to you? Business continuity simply is a contractual assurance that an organisation extends to its clients conveying that its services will remain un-disrupted in the face of unexpected difficulties. There is a premium that organisations charge to ensure continuity.
For us, at figments, business continuity works at three levels:
1. Pre-empting Risk: Stable team, safe data and robust infra are aspects which can risk our performance. To plan for continuity at the all these levels, we need to assume that things are going to fail. This calls for imagining situations where one or two or all three aspects may be affected. Therefore, sufficient buffers in planning, operations and infrastructure need to be kept to make up for an issue.
2. Proactive Monitoring: With Cloud, VPN, high-performance laptops, work-from-home and collaboration softwares, things have become easier to plan for small organisations. However, one needs to actively check the readiness of the resources from time to time.
3. Risk Mitigation: This is where things become tough. One needs to recognise the right time to implement the mitigation plan. Ideally it should be as close to the event that affects continuity; preferably just before rather than just after.
When a mitigation plan is implemented one has to ensure that the switch-over time is minimal. For example, if a key resource on a project is suddenly no longer going to be available, the organisation has to take swift action.
Has the current situation forced you to take a harder look at business continuity? Does it help you prepare better for the future?
Denne historien er fra May 2020-utgaven av Visual Merchandising and Retail Design.
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Denne historien er fra May 2020-utgaven av Visual Merchandising and Retail Design.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
The Curated Art Of Window Shopping-Delhi
The new AIS Window experience center in Delhi designed by Four Dimensions Retail Design redefines the whole experience of buying window solutions in an immersive spatial narrative that blends storytelling and cutting edge technology.
Retail @ Small Town India: Way To Go?
Even as markets get re-adjusted to a post-Covid reality and retail brands realign their business strategies to shifting market dynamics, India’s tier2-3-4…markets might just be what the retail economy needs to get back on growth track.
Where the police go to shop - RAJKOT
Designed by IKS ARCHITECTS, the Dhiraj Police Store in Rajkot, Gujarat, has been conceptualised to craft a unique retail experience. Located in an urban dense fabric on the ground floor of a commercial building near the old city, the government licensed store is designed to serve the police force and associated dignitaries.
For the love of Laminates… SURAT
The EightxFour Experience Centre by Shivshakti Laminates is an experience centre of a leading laminate and veneer retailer of Surat, created in an erstwhile textile manufacturing unit. Designed by Utopia Designs, the centre’s design focuses on effective display strategies, both tried-and-tested and new, within an industrial vocabulary.
Tyre retailing takes experiential route with Bridgestone Select +
Bridgestone India, one of the leading brands in the passenger car tyre segment, recently launched the country’s first concept store in Pune. Designed by LANDOR & FITCH, the store offers an educative tyre buying and service experience, while redefining the whole retail experience in the category .
When design enables purchases in a hypermart - DELHI
Departmental stores are spaces where the functional aspects take centre stage and design is more a matter of simply enabling product purchases. But Kwality Bazaar, Delhi, designed by Aatika Manzar, accentuates the incredibly important role design and aisle planning play in enhancing the shopping experience and thus maximising sales, in a supermarket environment.
High on hospitality - RAIPUR
Spread over an area of 50,000 sq. ft., and designed by Raipur based Azure Interiors, Clarks Inn Suites,the 52 key suites hotel is all about elevating the experience quotient of the space.
The Design Divas…
It’s the month that celebrates women with the International Women’s Day observed on March 8th. In this edition, we present three women entrepreneurs working in the retail design space who share their experiences and professional insights in an exclusive interaction with VMRD. Read on…
Reformed, restyled & restored - MUMBAI
Mumbai based Miyabi store designed by NACL ( Natasha Aggarwal Creative Living) is a stress-free fashion space that enables customers to browse and shop in a relaxing retail ambience.
A rich narrative with diverse materiality - AURANGABAD
Pehnawa is a three-storey fashionwear outlet in Aurangabad, designed by Portico Design Concepts. Spread across 5,400sq.ft., the space’s striking design adds its own muscle to the showroom experience.
