Business continuity in airline sector is a concept which is generally overlooked by the airline managements.
Published on News of Bahrain
The principle of Business Continuity (BC) has been created in order to ensure that business and operation would go on normally during any disaster. And it is defined as the capability of the organization to continue delivery of products or services at acceptable predefined levels following a disruptive incident. This involves defining critical processes and procedures that are required to continue operating the core business functions during and after a disaster.
Business continuity is fast evolving to become a critical and strategic decision for any organisation. The bigger the organisation, the bigger is the requirement for business continuity. Previously the organisations were not providing enough time and effort in planning for the extended disruptions due to misconceptions that either they will never face any disaster or if they ever face any disaster they will be able to recover the damages trough comprehensive insurance covers.
The reason why the insurance cover is not adequate is that the insurance is normally covered for the physical (tangible) assets which have a book (dollar) value, while the biggest asset of any organisation is its business processes and frameworks. These business processes are generally developed and tuned over a period of many years and is not something which can be brought off-the-shelve.
Transportation in general and airlines in particular is a unique sector with a specialized set of requirements, challenges and opportunities. Business continuity in airline sector is a concept which is generally overlooked by the airline managements.
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