Phase 1 - Before the disruption
Is your company ready and does it have the ability to anticipate and prepare? Proactively building security and robustness are first steps in getting ready to tackle any disruptive event.
Other steps to consider are creating situation awareness and having the knowledge to identify potential threats. It’s also crucial to have clear visibility across your supply chain while maintaining security (cyber, physical and protective).
Phase 2 - During the disruption
Do you have the responsiveness and the ability to both adapt and respond to events? To be able to do so, you need to manage and adjust resources by building flexibility and redundancy.
It requires the right level of coordination (e.g. planning, suppliers, partners) to be able to respond to the situation efficiently while maintaining business continuity.
Phase 3 - After the disruption
Are you equipped to learn, recover and/or grow from past events? Contingencies will need to be put in place to restore functions and adapt to the ‘new normal’.