Business continuity has suddenly joined the list of entrepreneurial risks due to the rise in geopolitical events, man-made disruptions, natural disasters, and biological hazards. The rapidly evolving firm strategies require that business continuity, crisis management, disaster recovery, and emergency responses adapt promptly. For an organization to handle risk and continuity management, it needs a transformational form of leadership that will inspire the personnel to work towards a common objective of eliminating the hazards. The management should change the company’s culture so that the workers can learn that business continuity ensures that they keep their jobs for a longer period. This article conceptualizes on the issues affecting the business continuity and risk management in a hospital in Chicago, Berwick Medical System and how they can be eradicated.
The health facility is located in a region that is disaster-prone. They face problems such as tornadoes, terrorism, and crime. Many other hospitals also have similar challenges like the Berwick indicating that risk and continuity management is crucial in the area. The institutions require a continuity and risk assessment plan to prevent and recover from the hazards. Entrepreneurial impact evaluation and disaster assessment are crucial steps in a hazard recovery plan. The program requires that the facilities gather relevant data concerning the crises that are prominent in the region. The process is easier with the appointment of a committee to oversee the operations of the risk and continuity management (Graham and Kaye, 2015).
Once the board highlights the common hazards that affect the business growth and expansion, they can research about the appropriate ways to minimize losses that arise from the issues. As the new continuity manager of Berwick hospital, I will ensure that the plan is practical. It should reduce the implications of entrepreneurial interruptions, align the continuity and risk management with the strategies of the corporation, and protect the brand value and reputation of the health institution. The best survival manual anticipates primary disruptions in the outsourced and supply chain operations (Engemann and Henderson, 2011). It should also be continuously updated to cover new problems and check whether the current strategies are still useful.
References
Engemann K. J. and Henderson D. M. (2011). Business Continuity and Risk Management: Essentials of Organizational Resilience. Brookfield: Rothstein Publishing.
Graham J. and Kaye D. (2015). A Risk Management Approach to Business Continuity. Brookfield: Rothstein Publishing
