At Redcone Recruitment Limited, we recognise the importance of business continuity in ensuring the resilience of our operations and the satisfaction of our stakeholders. The Business Continuity Management Policy provides a systematic approach for ensuring business continuity in the event of a disruption or disaster. This policy establishes clear guidelines and procedures to ensure that risks are identified, assessed, and managed effectively, and that measures are put in place to ensure the continuity of critical business functions. By adhering to this policy, we strive to minimise the impact of disruptions on our operations, stakeholders, and reputation.

1. Purpose

The purpose of this Business Continuity Management Policy is to establish a structured framework for managing business continuity within Redcone Recruitment Limited. This policy aims to ensure that critical business functions can continue in the event of a disruption or disaster and that the impact on operations, stakeholders, and reputation is minimised. It provides a proactive approach to managing business continuity risks and ensuring compliance with legal, contractual, and regulatory requirements.

2. Scope

This policy applies to all business functions and processes within Redcone Recruitment Limited. It covers all employees, contractors, and stakeholders involved in the execution, support, and management of these functions and processes. The policy extends to all forms of disruptions, including but not limited to, natural disasters, technological failures, cyber attacks, and personnel shortages.

3. Responsibility

The responsibility for implementing and maintaining this Business Continuity Management Policy lies with the Managing Director at Redcone Recruitment Limited. However, it is the responsibility of all employees to adhere to the guidelines and procedures outlined in this policy, to contribute to the continuity of business functions, and to report any potential disruptions.

4. Procedures

4.1. Business Continuity Planning

4.1.1. Business continuity plans will be developed and maintained for all critical business functions.

4.1.2. These plans will be based on a risk assessment and will outline the measures to be taken to ensure the continuity of the function in the event of a disruption.

4.2. Business Impact Analysis

4.2.1. A business impact analysis will be conducted to identify the potential impact of a disruption on each business function.

4.2.2. The analysis will consider factors such as the maximum acceptable outage time, the minimum acceptable level of operation, and the resources required for continuity.

4.3. Testing and Maintenance

4.3.1. Business continuity plans will be tested regularly to ensure their effectiveness and updated as necessary to reflect changes in risks, business functions, or resources.

4.3.2. Employees will be trained in their roles and responsibilities under the business continuity plans.

5. Policy Review

This Business Continuity Management Policy will be periodically reviewed to ensure its ongoing relevance, effectiveness, and alignment with emerging best practices and business continuity requirements. The review process will include:

5.1. Evaluation: The Managing Director will evaluate the policy’s effectiveness in achieving its objectives, identifying areas for improvement.

5.2. Stakeholder Feedback: Feedback from stakeholders and employees will be sought to assess the effectiveness of the policy, identify areas for improvement, and address any concerns or suggestions.

5.3. Regulatory Compliance: The policy will be reviewed to ensure ongoing compliance with relevant laws, regulations, and industry standards related to business continuity.

5.4. Emerging Business Continuity Trends: The review will consider emerging business continuity trends, technologies, and threats to adapt the policy and ensure its relevance and effectiveness.

5.5. Policy Update: Based on the review findings, necessary updates or revisions to the Business Continuity Management Policy will be made to reflect changes in business continuity needs, stakeholder expectations, or emerging best practices.

By conducting regular policy reviews, we demonstrate our commitment to continuous improvement in business continuity management, adapt to evolving trends, and ensure that our practices remain effective and aligned with our business goals.

This Business Continuity Management Policy serves as a guiding principle for all employees and stakeholders, emphasizing our collective responsibility to ensure the continuity of business functions, manage business continuity risks, and ensure compliance with legal, contractual, and regulatory requirements. Through our proactive business continuity management efforts, we aim to foster trust, ensure operational resilience, and protect the interests of our stakeholders.