Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Business
    3. >Fail to prepare, prepare to fail: the inconvenient necessity of a pandemic business continuity plan (pbcp)
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Business

    Fail to Prepare, Prepare to Fail: The Inconvenient Necessity of a Pandemic Business Continuity Plan (pbcp)

    Published by linker 5

    Posted on August 24, 2020

    4 min read

    Last updated: January 21, 2026

    Add as preferred source on Google
    An infographic depicting essential components of a pandemic business continuity plan, emphasizing preparedness and crisis management in the context of Covid-19. This image supports the article's discussion on creating effective plans for business resilience.
    Business continuity planning concepts with pandemic focus - Global Banking & Finance Review

    By David Jemmett, CEO and founder of Cerberus Sentinel

    The strongest businesses are the ones who have wide-ranging plans in place for every eventuality. While companies typically avoid assuming the worst, planning for the worst can help a business survive a major crisis. Covid-19 by every measure constitutes a major business crisis, one for which many companies have found themselves woefully unprepared. This article outlines the elements of a pandemic business continuity plan so you can draft one for your company.

    Why is a specific pandemic plan needed?

    Traditional business continuity planning is standard practice for most companies. Such plans cover the internal and external aspects that impact their business activities. External aspects are things that are beyond their control: economic downturns, political instability / changes in government, or a natural disaster. Internal aspects are things that happen inside the company: public relations nightmares, loss of funding, a disgruntled customer or employee.

    The PBCP is entirely different, it focuses solely on mitigating the impact of a health pandemic, something that traditional continuity plans may only mention in passing. Due to the unpredictable and potentially devastating nature of a pandemic, traditional day-to-day business continuity plans will not be effective enough due to their lack of specific detail. Therefore, it is crucial that you create and maintain a plan focused specifically on the threat of a pandemic; a plan that will ensure the health and safety of your business and your staff. This plan should be developed in conjunction with up-to-date guidance from the World Health Organization (WHO).

    What should your plan contain?

    Your PBCP is organized into 5 phases, each with 4 key steps:

    Preparation Phase:

    This phase covers the initial actions that must be completed before a pandemic:

    1. Identify crucial business processes
    2. Raise internal awareness
    3. Communicate responsibilities
    4. Demonstrate preparedness

    The planning process can be streamlined by categorizing and allocating the various necessities of your business to the appropriate staff. By outlining what you need, you will be able to assign the actions that are required to maintain business as usual which will minimize uncertainty at every level of the business from the boardroom to the front lines.

    Leadership teams must then communicate their plan clearly by training employees on their obligations and company expectations for how workers will continue to perform their duties in a safe and secure manner. Often this includes measures to be implemented within an office or retail environment (such as social distancing and face mask policies) and may also include guidelines for working from a remote location (such as a home office). This must also include the selection of tools, technologies, and procedures that correspond to the implemented changes, as well as staff training on how to properly use these affordances. As well as, maintenance of physical inventories that provide a buffer during a supply side slow down.

    Maintenance Phase:

    This phase is crucial for ensuring your PBCP is truly relevant, actionable, and provides for timely activation.

    1. Review business operations/activities
      David Jemmett

      David Jemmett

    2. Review policies and procedures
    3. Review tools and technologies
    4. Monitor external information sources

    Response Phase:

    This is the moment you have been preparing for…it’s go time!

    1. Activate your plan, provide the requisite resources, and implement your policies
    2. Verify that all actions are being taken to maintain continuity of critical operations
    3. Verify that your staff is fully equipped, knowledgeable, and safe
    4. Monitor external information sources

    Return Phase:

    1. This is the moment you are waiting for during a pandemic…the “new normal”
    2. Assess the impact of the pandemic on the broader market
    3. Identify the best path forward for your team and your business
    4. Communicate this path with your team and outline clear expectations and obligations

    Assessment Phase:

    This phase is where you evaluate your original plan, the effectiveness of your staff, and changes necessary to adapt to the unexpected.

    1. Identify successes and failures
    2. Give your company a grade
    3. Identify deviations from expectations
    4. Modify your plan to adapt to what you learned

    The key aspect of any assessment of preparedness is to be honest and transparent. Pandemics challenge businesses in unforeseen ways and survival depends on flexibility, commitment, and determination. With an effective PBCP you have a great starting point and thus the highest likelihood of successful navigation.

    More from Business

    Explore more articles in the Business category

    Image for Nominate Now: Chairman of the Year 2026
    Nominate Now: Chairman of the Year 2026
    Image for Submit Your Entry Today for CEO of the Year 2026
    Submit Your Entry Today for CEO of the Year 2026
    Image for Submit Your Entry Today for Best Management Team 2026
    Submit Your Entry Today for Best Management Team 2026
    Image for Nominate Your Team: Best Innovation Management Team 2026
    Nominate Your Team: Best Innovation Management Team 2026
    Image for Submit Your Entry for Years of Excellence Awards 2026
    Submit Your Entry for Years of Excellence Awards 2026
    Image for Nominations Open for Travel & Hospitality Awards 2026
    Nominations Open for Travel & Hospitality Awards 2026
    Image for Submit Your Entry Today for Telecom Awards 2026
    Submit Your Entry Today for Telecom Awards 2026
    Image for Submit Your Entries for The Next 100 Global Awards 2026
    Submit Your Entries for the Next 100 Global Awards 2026
    Image for Submit Your Entry: Public Sector & Governance Excellence Awards 2026
    Submit Your Entry: Public Sector & Governance Excellence Awards 2026
    Image for Nominations Invited for Real Estate Development Awards 2026
    Nominations Invited for Real Estate Development Awards 2026
    Image for Submit Your Entry: Process & Product Awards 2026
    Submit Your Entry: Process & Product Awards 2026
    Image for Call for Entries: HR & Recruitment Awards 2026
    Call for Entries: HR & Recruitment Awards 2026
    View All Business Posts
    Previous Business PostCreating a Strong Business Development Strategy During the Pandemic
    Next Business PostA New Kind of Trust: Why Data Is the Next Frontier of Customer Trust