Businesses in the British Virgin Islands are receiving assistance in how to develop contingency plans to prepare for devastating disasters that could impact their operations.
Local businesses will receive training at the one-day Business Continuity and Disaster Recovery Symposium to be held on Tuesday (March 15) at The Moorings Conference Room on Wickhams Cay II.
The symposium is a joint venture between the BVI Chamber of Commerce and Hotel Association (BVICCHA) and the Department of Disaster Management (DDM).
A media release from the BVICCHA said the United Nations International Strategy for Disaster Reduction and the Caribbean Disaster Emergency Management Agency is also supporting the event.
“Participants will be guided through the design of a business contingency plan which will identify appropriate business continuity solutions. They will also get guidance on how to identify recovery objectives and an effective incident response structure,” the release said, adding that all businesses in the territory are invited.
Businesses must be ready for all scenarios
Meanwhile, BVICCHA Chairman, Louis Potter described contingency planning as important for local businesses. He said tomorrow’s symposium is designed to equip businesses with a step-by-step procedure to ‘prepare for, respond, and adapt to various types of events that can interrupt their businesses’.
“Businesses must be ready to deal with incidents that impact their operations,” Potter said.
DDM Director Sharleene DaBreo also underscored the importance of developing business contingency plans.
She said the September 2017 disasters are strong examples of why they are necessary.
“Contingency planning is a critical element of your disaster plan and it is important that your business continuity practices are tested regularly to ensure they are functional and fit for purpose,” she said.