IT IS A FACT of life that business organisations, like people, can get into difficulties. These can arise for a number of reasons, from mismanagement and financial crises to natural (or unnatural) disasters.
Even in the event of a crisis, stakeholders and customers expect business to continue, losses to be minimised and profits to be back on track as soon as possible.
KPMG provides business continuity and crisis management services for numerous companies in Hong Kong and Asia-Pacific. These services are designed to ensure that business runs smoothly. They help organisations identify and manage the risks of disruption and seek to reduce their vulnerability to potentially dangerous situations.
While the threat of terrorist attacks represents the greatest worry for businesses these days, there are a host of other more likely causes of disruption to business.
These can range from natural disasters - such as fire or flooding and the failure of public utilities - to acts of malicious intent, such as the release of computer viruses.
'Essentially, in business continuity management we focus on the survival of an organisation, including the people, processes and technology therein,' said Alan Fung, a senior manager in KPMG's risk advisory services team.
