Business Continuity Plan For Boots Pharmacy Example

Business Continuity Plan For Boots Pharmacy Example Business Continuity Plan For Boots Pharmacy â€" Assignment Example > @2010Table of ContentsIntroduction Business continuity is categorically one of the essential management processes that deal with the identification of threats that may affect an organization and the impacts of the identified threats on the normal operations of a business organization. The identification of threats that may impact an organization, form a fundamental framework that can be used to develop reliance which is the ability of an organization to effectively respond to threats and protect the key stakeholders within the organization. In addition to adding reliance, the other contributions of the development of a business continuity plan to an organization include aspects such as restoring the ability of an organization to supply essential services, increasing the capacity to manage disruptions that may affect the business and assisting in complimenting of the process of risk management (Doughty 2001). Aims of the Report The aim of the report is to devise a business continui ty plan for one of the biggest Pharmaceutical companies in the U. K known as the Boots Pharmaceuticals which is ranked under the category two of the 2005 civil contingencies Act. It is very much necessary for well established organization like the Boots organization to formulate business continuity plans that can assist the organization handle threats or even disruptions that may affect the organizations normal functioning. The documented procedures of the plan are collected and the information is compiled in readiness for use to enable an organization carry out its operations as usual in despite of disruption. The purpose of the document will therefore focus creating a well developed business continuity that will assist Boots Pharmaceutical Company to be well prepared for any incoming threats and also ensure that the organization is safe at all times. The Scope of the Report The report will cover several aspects such as understanding the organization this is through an evaluation of the history of the organization and the evaluation of the main activities undertaken by the organization. The plan will also involve the aspect of risk assessment which mainly entails the evaluation for the critical dependencies within the organization. In order to come up with a business continuity plan that useful for the pharmacy it is vital that the plan has to undergo verification and validation by the organization’s management. Boots Pharmacy Operating Environment Boots limited is one of the top pharmaceutical companies in the U. K. presently the organization has 2,600 stores which are mainly health and beauty stores. The business has outlets in many regions in the U. K. In addition the organization has extended its operations outside to other countries in Europe such as the Republic of Island and Norway. The Boots Company can be categorized under a privately owned company; therefore its shares are not listed or traded on the stock exchange market. The business has for many years operated under transfer of ownership every since its initiation. The Pharmacy can be stated as an organization with a long history. It was first started by John Boots in 1849. The company was restructured to a pure drug store in with a number of subsidiary firms such the Lancs Cash boots chemists were founded, in 1988. In 1920 the business was later sold to the United Drug Company located in America by Jesse Boot. However due to the weakening economic situation in North America, the company was sold back in 1933 to British management and Edinburgh (Britton 1988). The organization managed to establish 180 shops by the end of the 19th Centaury. In the 1990s the company expanded its operations further by opening a drug manufacturing plant in Cramlington, it also begun to diversify its operations by operating a car and bicycle parts business.