Member of BTG Global Advisory
Kevin Howells

Corporate Finance

| May 20th 2009

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Planning for a disaster could provide a lifeline

Preparing your business for the worst could mean the difference between a sinking ship and throwing yourself a lifeline at a critical point.

Kevin Howells, Manager of BTG Intelligence, explains the best strategies to use.

"Many organisations have a disaster recovery plan in place but this is most often IT specific. Other, better prepared firms have business continuity plans which cover all of the organisations activities. But few actually test, exercise, maintain and audit their plans to see if they would work in practice.

"Finding out whether the plan will work is crucial should your organisation be affected by an incident. It may just be the key that allows it to continue operating.

"Making a few simple tests which can be escalated to a full rehersal if necessary, the company will be able to test both the plans and the people who will be implementing them.

"By staging a scenario exercise, the role play will show how the plan works in a real situation, leaving the management with detailed information about any gaps, omissions or errors to rectify. It is infinately better to find these in a practice run than when the organisation is crippled by a real life disaster"

Kevin Howells, Manager

BTG Intelligence

Kevin Howells

About the author

Kevin Howells

Manager

Meet our Team of Experts

Kevin is an experienced audit and fraud management professional having worked extensively in the public and corporate sectors since 1992. He currently acts as the Manager for Begbies Traynor Group's Intelligence team and is an Accredited Counter Fraud Specialist. At his previous company, his role was focussed on pro-active and reactive anti-fraud work and developing crisis management, business resilience and security management solutions for clients, principally in the further education, higher education, Local Authority and Registered Social Landlord sectors.

Advice You Can Trust

Insolvency Practitioners Association Institute of Chartered Accountants in England and Wales R3: Association of Business Recovery Professionals ICAEW Business Advice Service Turnaround Management Association ACCA (the Association of Chartered Certified Accountants) ICAS | The Institute of Chartered Accountants of Scotland
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