Workplace Continuity and Contingency Planning
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...... Disasters can arrive like a lightning bolt, suddenly, unexpectedly and with mind-numbing consequences. Businesses are faced with natural disasters such as fires, tornadoes, floods, earthquakes and hurricanes every year. Those businesses that are prepared survive and recover. The rest become casualty statistics (Business Continuity during a Disaster, 2008)
The tsunami, which devastated the coast of South and Southeast Asia, proved an opportunity for banks in the regions to test their emergency preparedness and to provide economic assurance to affected clients and employees. The business continuity plans for banks, operating within the countries affected by the tsunami, appears to have worked reasonably well under the circumstances. Banks in Indonesia and Sri Lanka reported that business continuity and disaster recovery programs came into operation effectively during the tsunami disaster. The banks made sure that clients were able to access lifelines in the form of deposits or loans. Sufficient business continuity planning enabled displaced clients to access deposits from ATMs and branches of banks elsewhere. Banks worked very quickly to assist employees and their families in the affected areas. At the same time they activated plans by sending personnel from other branches to re-open damaged offices in the disaster areas (McDowell, 2005)......
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