Member Article

Below is a link to the recording of the COVID-19 Webinar Series: Business Continuity Planning, as well as a corresponding PowerPoint presentation. For more information, visit www.bradley.com/coronavirus. This webpage addresses specific concerns and questions related to the impact of the coronavirus including some common Q&As, attorney-authored content on how the coronavirus may impact you or your business, and links to helpful online resources.

Please feel free to contact speaker Haydn Richards or any member of our team.

Webinar Recording

Key Takeaways

• It’s not too late to establish governing principles for navigating the crisis. The key is the message that is provided to your employees, your customers, and your suppliers/interconnected businesses.
• Educate your workforce – both about what they should be doing to assist the company but also how they should undertake efforts to keep themselves and others healthy.
• Focus on factors you can control. Take action. Prioritize safety. Follow governmental guidelines. Monitor communications. Educate and cross-train employees. Create back-ups.
• Think about your interdependencies and have optionality. No matter how successful your efforts are, you rely on your critical vendors for support. Ensure they are as prepared as your company is to navigate the crisis.
• Identify and understand the impact of the plan on your essential business functions and all supporting resources. Estimate the maximum interruption, and develop strategies.
• Make necessary upgrades to the company’s infrastructure now, particularly to remote capabilities.