Why is Emergency Planning Essential?
There are two main reasons for an organisation undertaking emergency planning
- Business resilience/sustainability
The former recognises that any event which compromises your ability to operate has a negative impact on your business, employees and clients. By going through a process of emergency planning, which EmePoint provides, you are ensuring that you have tried to minimise risk, and planned for any event that could affect your business. From internal events like fire and flood to larger events that affect an area, cyclone and earthquake for instance.
Studies have shown that up to 70% of businesses who experience a catastrophic event will close within two years (McGladrey and Pullen, 2008).
Compliance refers to a range of things. The Australian Safe work and the New Zealand Health and Safety reform bill 2015 both increase the regulatory responsibility of organisations. They introduce the concept of ‘persons conducting business or undertaking’ (PCBU) having the responsibility to ensure as far as is practicable, the safety of the workers or people associated with the business or undertaking. It also establishes a framework for offences and penalties as well as enforcement.
Or you may be trying to attain an industry quality standard which requires an emergency plan. Alternatively you may hold a contract which requires a plan. Any company who has a contract with a government organisation will have an emergency planning clause in their contract.