Business resilience has never been more important
In today's uncertain world, companies confronted by extraordinary threats and vulnerabilities are quickly realizing that having a plan for business recovery has never been more critical.
Gallagher's Business Continuity and Resilience team of experienced industry consultants work with your organization to assess your current preparedness, implement plans and conduct simulated exercises to test those plans. Our proven methodology tested across all industries produces pragmatic, cutting-edge solutions.
In today's uncertain world, companies confronted by extraordinary threats and vulnerabilities are quickly realizing that having a plan for business recovery has never been more critical.
Companies must be prepared to respond and recover from any crisis, regardless of its nature or origin.
The Challenge.
A large, publicly traded specialty chemical company faced board, customer and regulatory pressure to develop an enterprise-wide business continuity management plan. The company has over 50 plants located in Asia, Europe and the Americas — making plan implementation especially challenging.
Our Action.
After outlining roles and responsibilities for plant, business unit and corporate levels, Gallagher completed business impact analyses (BIA) for 50 plants that identified and prioritized recovery requirements for critical business processes as well as people, equipment, technology and third-party supplier support. The BIA results drove the development of regional and plant business continuity plans, including a global supply chain matrix to identify backup production capabilities.
The Result.
Despite plant disruptions due to personnel and raw material shortages at the height of the COVID-19 pandemic, the company maintained production for all key customers. The plant BIAs and business continuity plans were updated based on lessons learned and program development is underway in other key corporate departments.