Initial Risk Assessment

Essay by chucky_meA+, November 2008

download word file, 7 pages 0.0

After Hurricane Ike struck the coast of south Texas, people were displaced, homes were lost, and businesses were disrupted. Business operations need protection from loss in order to survive disasters, both natural like Ike and unnatural. Business continuity planning is a concept used to create a plan to recover and restore operations after disasters and crises strike. "Good business continuity plans will keep your company up and running through interruptions of any kind: power failures, IT system crashes, natural disasters, supply chain problems and more" (Business Continuity, 2008). Any successful business will have a BCP or Business Continuity Plan no matter their geographic location in the country. Disaster can strike anywhere and from all sources. An often-overlooked part of running a successful business is the continuity plan. Kudler Fine Foods, a high-end, specialty grocer is no different. Kudler needs to assess its risk in order to create a legitimate business continuity plan.

Once the initial risk assessment is complete, it is important to analyze how internal organizational dynamics affect the continuity plan, and how the available resource affect the success of the plan.

Kudler Fine Foods is a successful grocery store in California. The company has tailored their product to serve those wanting a one-stop shopping experience for all their gourmet-cooking needs. The company has experienced immediate success and growth since opening in 1998. The first store was envisioned and opened by Kathy Kudler in 1998, and within the next five years Kudler had a total of three stores open in the San Diego area and visions for more.

Kudler's mission is to provide customers with the finest selection of foodstuffs and wines utilizing their knowledgebase and expertise for importing products from around the world (University of Phoenix, 2008). The relationship between an organization's mission and the importance of a...