Once a business is up and running and is running smoothly it is really important that it continues this way. It is called business continuity and it can affect many different levels of the business.
Anything that can affect the way a business is progressing is considered as a threat. This can occur at many different levels. For example, poor safety practices can be considered a threat and injured workers can have a direct impact on the continuity of the business. If a skilled worker is off the job because of injury then productivity is affected. Not only is this worker not there to do their job, it might be holding up other workers down the line.
Every business is different and the threats to continuity have to be first identified. Then a plan has to be implemented as a way of prevention, and as a way of handling them if continuity is affected. This is a business strategy. Another example is if products needed for production are affected is there a plan for a backup so there is no business interruptions.
There are so many aspects that can a business at risk these have to be prepared for.
