• Menu
  • Skip to right header navigation
  • Skip to main content
  • Skip to secondary navigation
  • Skip to footer

Before Header

About Us | Articles | Free Resources | Podcast | YouTube Channel

Contact Us Subscribe

Bryghtpath

Business Continuity and Crisis Management Consultants

  • Start
        • Start your Resilience Journey

          Moving your organization – or your career – forward on your resilience journey can be a difficult and scary proposition.  Often, we find that prospective clients aren’t quite sure where to start.

          To help you along your journey, we’ve outlined below four curated collections geared towards momentum-building action and advice perfectly paired with your organization’s current stage of resilience.

        • I want to learn more about Resilience

        • We’re just getting started with our resilience program

        • We’re seeking to optimize & mature our resilience program

        • I’m a Resilience Professional seeking to further develop my skills

  • Company
        • About Bryghtpath

        • Our Core Values

        • Meet our Team

        • About Bryghtpath
          • Case Studies & Results
          • Certifications and Awards
          • Contact Bryghtpath
          • Contract Vehicles
          • Media & Professional Appearances
          • Our Clients
          • Our Proven Process
          • Security & Compliance
          • Strategic Partners
          • Work with Us
  • Capabilities
        • Our Capabilities
        • We help your organization strategically navigate uncertainty and disruption.

        • Case Studies & Results

        • Business Continuity as a Service

        • Business Continuity
          • Business Continuity - Overview
          • Business Continuity as a Service (BCaaS)
          • Business Continuity Software
          • Coaching
          • IT Disaster Recovery
          • Resiliency Diagnosis®️
        • Crisis Management
          • Crisis Management - Overview
          • Crisis Communications
          • Crisis Exercises
          • Cyber Crisis Exercises
          • Cyber Incident Response Planning
          • Crisis Playbook®️
          • Global Security Operations Center (GSOC)
          • Resiliency Diagnosis®️
        • Other Capabilities
          • Intelligence & Global Security Consulting
          • Speaking
          • Training
  • Courses & Training
        • Courses & Training

          We’ve created a number of free and premium courses that have helped thousands improve their skills, build more resilient organizations, and lead through organizations through difficult critical moments successfully.

        • Coaching
          • 1-on-1 Coaching Call
          • Private Backchannel
          • Private Coaching Program
        • Free Intro Courses
          • Overview
          • Business Continuity 101
          • Crisis Communications 101
          • Crisis Management 101
        • Premium Courses
          • Overview
          • Custom Training
          • 5-Day Business Continuity Accelerator
          • Communicating in the Critical Moment
          • Crisis Management Academy®️
          • Preparing for Careers in Resilience
  • Expertise
        • Our Expertise
        • Here at Bryghtpath, in our core values, we state that we are humbly confident in our resiliency expertise.

          We write, publish, speak, and train others constantly – striving to share our thought leadership publicly to advance our industry and exercise our curiosity by interacting with other leaders in our practice domains.

        • Ultimate Guide to Business Continuity

        • Ultimate Guide to Crisis Management

        • Case Studies & Results

        • Free Resources & Frameworks
          • Overview - Free Resources
          • Bryghtpath Frameworks
            • Bryghtpath Business Continuity Lifecycle
            • Bryghtpath Crisis Management Framework
            • Bryghtpath Exercise Maturity Model
            • Bryghtpath Global Security Framework
            • Bryghtpath Long-Term Recovery Framework
            • Bryghtpath Professional Reading List
            • Bryghtpath Workplace Violence & Threat Management Toolkit
          • Resiliency Professionals Facebook Group
          • Resource Library
          • Webinars & Videos
          • Whitepapers & Reports
        • Our Thoughts & Insights
          • Articles
          • Lead Through Disruption. Stay Ahead with Bryghtpath.
          • Managing Uncertainty Podcast
          • Media & Professional Appearances
          • YouTube Channel
        • Whitepapers & Reports
          • Global Security Operations Centers & Resilience
          • Managing the Whole Crisis: The Ransomware Challenge
          • Mastering Uncertainty: Strengthening Organizational Resilience
          • Social Activism Campaigns
          • The Resilience Roadmap: 250 Ways to Fortify your Business against Disruption
  • Industries
        • Our Industry Expertise

          Bryghtpath has extensive experience in a number of industries working with clients of all sizes, geographical locations, and business models. As a team, we possess, deep global operating experience on every continent around the world.

        • Industries Overview

        • Case Studies

        • Start your Journey

        • Education

          Education Icon
        • Finance

          Financial Services 800x800
        • Government

          Government Icon
        • Healthcare

          Healthcare Icon 800x800
        • Hospitality & Leisure

          Hospitality & Leisure Industry Icon 800x800
        • Life Sciences

          Life Sciences 800x800
        • Logistics

          Transportation & Logistics Industry Icon 800x800
        • Manufacturing

          Manufacturing Industry Icon 800x800
        • Non-Profits

          Non-Profit Industry Icon 800x800
        • Retail

          Retail Industry Icon 800x800
        • Tech & Media

          Communications Industry Icon 800x800
        • Utilities

          Power & Utilities Icon
  • Products
        • Our Products

          College Classroom - Mature Teacher
        • Crisis Playbook™️

        • Exercise in a Box™️

        • Exercise in a Day™️

        • Books
          • From Panic to Poise: Crisis Management in the Modern World
          • The Continuity Code: Mastering Business Resilience
        • Crisis Playbook™️
          • Overview
          • Active Shooter Plan
          • Emergency Response Guide
          • Fatality
          • Food/Product Recall
          • Protest
          • Violent Attack
        • Maturity Models
          • Overview
          • ASIS Workplace Violence and Active Assailant
          • FFEIC Maturity Model – Business Continuity
          • ISO 22301 – Business Continuity
          • ISO 22361 – Crisis Management
          • ISO 27031 - IT Disaster Recovery
          • NIST 800-53 Contingency Planning Maturity Model
        • Templates & More
          • After-Action Process & Templates
          • Awareness Collateral
          • Business Continuity Plan Templates
          • Crisis Management Plan Templates
          • Disaster Recovery Plan Templates
          • Job Descriptions
  •  

Mobile Menu

  • Start
  • Company
    • About Bryghtpath
      • Case Studies & Results
      • Certifications and Awards
      • Contact Bryghtpath
      • Contract Vehicles
      • Media & Professional Appearances
      • Our Clients
      • Our Proven Process
      • Security & Compliance
      • Strategic Partners
      • Work with Us
  • Capabilities
    • Our Capabilities
    • Business Continuity
      • Business Continuity – Overview
      • Business Continuity as a Service (BCaaS)
      • Business Continuity Software
      • Coaching
      • IT Disaster Recovery
      • Resiliency Diagnosis®️
    • Crisis Management
      • Crisis Management – Overview
      • Crisis Communications
      • Crisis Exercises
      • Cyber Crisis Exercises
      • Cyber Incident Response Planning
      • Crisis Playbook®️
      • Global Security Operations Center (GSOC)
      • Resiliency Diagnosis®️
    • Other Capabilities
      • Intelligence & Global Security Consulting
      • Speaking
      • Training
  • Courses & Training
    • Coaching
      • 1-on-1 Coaching Call
      • Private Backchannel
      • Private Coaching Program
    • Free Intro Courses
      • Overview
      • Business Continuity 101
      • Crisis Communications 101
      • Crisis Management 101
    • Premium Courses
      • Overview
      • Custom Training
      • 5-Day Business Continuity Accelerator
      • Communicating in the Critical Moment
      • Crisis Management Academy®️
      • Preparing for Careers in Resilience
  • Expertise
    • Our Expertise
    • Our Thoughts & Insights
      • Articles
      • Lead Through Disruption. Stay Ahead with Bryghtpath.
      • Managing Uncertainty Podcast
      • Media & Professional Appearances
      • YouTube Channel
    • Free Resources & Frameworks
      • Overview – Free Resources
      • Bryghtpath Frameworks
        • Bryghtpath Business Continuity Lifecycle
        • Bryghtpath Crisis Management Framework
        • Bryghtpath Exercise Maturity Model
        • Bryghtpath Global Security Framework
        • Bryghtpath Long-Term Recovery Framework
        • Bryghtpath Professional Reading List
        • Bryghtpath Workplace Violence & Threat Management Toolkit
      • Resiliency Professionals Facebook Group
      • Resource Library
      • Webinars & Videos
      • Whitepapers & Reports
    • Whitepapers & Reports
      • Global Security Operations Centers & Resilience
      • Managing the Whole Crisis: The Ransomware Challenge
      • Mastering Uncertainty: Strengthening Organizational Resilience
      • Social Activism Campaigns
      • The Resilience Roadmap: 250 Ways to Fortify your Business against Disruption
  • Industries
  • Products
    • Books
      • From Panic to Poise: Crisis Management in the Modern World
      • The Continuity Code: Mastering Business Resilience
    • Crisis Playbook™️
      • Overview
      • Active Shooter Plan
      • Emergency Response Guide
      • Fatality
      • Food/Product Recall
      • Protest
      • Violent Attack
    • Maturity Models
      • Overview
      • ASIS Workplace Violence and Active Assailant
      • FFEIC Maturity Model – Business Continuity
      • ISO 22301 – Business Continuity
      • ISO 22361 – Crisis Management
      • ISO 27031 – IT Disaster Recovery
      • NIST 800-53 Contingency Planning Maturity Model
    • Templates & More
      • After-Action Process & Templates
      • Awareness Collateral
      • Business Continuity Plan Templates
      • Crisis Management Plan Templates
      • Disaster Recovery Plan Templates
      • Job Descriptions
  •  

4 Top Business Disruptions to Plan for in 2022

You are here: Home / Business Continuity / 4 Top Business Disruptions to Plan for in 2022

December 23, 2021 By //  by Bryan Strawser

The last half of 2021 has witnessed a resurgence in economic activities in the US due to several monetary and fiscal stimulus and increased consumer spending. However, the supply chain challenges, rising price pressure, and lingering virus concerns have increased inflation. Several pundits predict that 2022 may present several disruptions which may interfere with your business continuity plan.

Here are 4 top disruptions to plan for in 2022:

1. Unrelenting COVID-19 Threat

Experts predict that the pandemic will persist for longer than expected. Even though there is improved awareness, the threat is still high due to the low vaccination rates globally.  With the emergence of new strains of the virus, the latest being the Omicron variant and higher caseloads in industrialized countries, there is no sign that the situation may improve in 2022.

Reports indicate that the new strains are more transmissible and resistant to treatments and vaccines. With a highly dysfunctional US health system, as observed at the height of COVID-19, there is uncertainty about how the situation will be in the coming year. There is also uncertainty concerning the vaccines’ effectiveness in dealing with emergent variants.

Even though we may not witness new lock-downs and stay-at-home orders, the disruptions caused by the pandemic will persist due to restricted movements and delayed return-to-work by employees. However, the interference may not be as severe as previously witnessed. This is because most foreign trade partners have recorded a significant number of vaccinations and may not need to go on lock-down.

It is advisable to imagine the worst-case scenario as you lay out your business continuity plans for 2022. It is better to be over-prepared for COVID-19 disruptions than be caught flat-footed when the interferences with business continuity scenarios soar.

2. Supply Chain Disruptions

Several factors have affected supply chain logistics. There has been a labor shortage in key sectors such as manufacturing and shipping. The lock-downs and movement restrictions saw most people stay at home. The situation has not normalized globally, and experts predict it may persist in 2022 or worsen due to several factors.

There is a swell in the number of young workers as aged, skilled, and experienced workers opt to retire due to the threat of the COVID-19 pandemic. With the young, inexperienced workforce, there is a gap in skills. Most technical colleges have not been in operation since the onset of the pandemic so there are no new graduates with the technical skills companies need.

This may affect the quality of goods and services on offer. For instance, in the shipping sector, the young truck drivers with young families may not commit as much time as the aged ones. This means shipping companies need additional drivers. Young truck drivers are also more likely to cause accidents than experienced ones.

If there are no additional drivers to hire, the companies reduce the goods they haul in their trucks. In the end, this affects the volumes of goods in supply and the time it takes to receive those goods. As you plan for the coming year, expect a shortage or delay in the shipment of critical goods.

The shortage of raw materials may affect the supply chain. Most manufacturers rely on shipping companies to haul their raw materials. A slowdown in the shipment sector means a delay in the manufacturing and shipment of finished products.

The supply chain will be affected further by deglobalization, with economies opting to meet the demands of their local markets before shipping abroad. The economic wars between China and the US may endure and affect the supply of goods in 2022.

3. Increased Cyber Threats

The pandemic saw a spike in online businesses and increased technology-based transactions. Projections show there may be heightened cyber threats. Hackers may target companies depending on technology to connect with their remote teams.

In 2022, cybercriminal activities may swell, targeting companies using outdated cybersecurity tools that are inadequate in protecting their systems. As businesses suffer cash crunch owing to the hard economic times occasioned by the pandemic and the current inflation, they may lag in upgrading their cybersecurity barriers, exposing them to cyber attacks.

Besides, as workers return to work, they may unknowingly expose businesses to cyberattacks. Remote workers were inadequately trained on cybersecurity since companies were unprepared for work-from-home arrangements. As they bring the gadgets they were using at home to the office, the machines may introduce malware that may upset your business continuity scenarios.

Cybercriminals are targeting company data to use it to demand ransom payments. This is likely to augment in 2022 as more criminals join in the crime. Although Biden’s administration has shown a commitment to fighting cyber crimes, countries suspected of hosting these criminals may not cooperate due to icy diplomatic relations between them and the USA.

You may also not rule out insider threats, that is, workers colluding with cybercriminals to compromise your systems for monetary gains. In the recent past, hackers have increased the use of stolen data to extort money from businesses. As these practices become lucrative, hackers may lure your employees to the crime for a share of the paid ransom windfall.

4. Labor Shortage and a Demand for Higher Wages

The skilled, experienced, and aged labor force has opted to retire to keep safe from the CoronaVirus health threats. Most businesses laid off their workers, and as the economy opens up, they are looking for people to hire. There is stiff competition for the limited talent pool, especially those with critical skills.

The shortage in labor will see the demand for higher wages increase. This will raise the cost of labor as the workers also need better working conditions to safeguard their health.

To retain older, skilled employees, you may need to offer them premium packages. That may lead to increased wages for unskilled workers as well as you try to bridge the wage gap among your employees.

Companies may pay higher for health insurance to attract top talent. You may also experience higher employee turnover rates as you compete for dwindling talent.

Tight immigration policies will further affect the supply of labor. Considering technical colleges’ training programs were disrupted, the number of skilled graduates on the market is diminishing. Plan to spend more to train your workers on industry-specific skills after hiring them.

Want to learn more about Business Continuity?

Our Ultimate Guide to Business Continuity contains everything you need to know about business continuity.

You’ll learn what it is, why it’s important to your organization, how to develop a business continuity program, how to establish roles & responsibilities for your program, how to get buy-in from your executives, how to execute your Business Impact Analysis (BIA) and Business Continuity Plans, and how to integrate with your Crisis Management strategy.

We’ll also provide some perspectives on how to get help with your program and where to go to learn more about Business Continuity.

Read our Ultimate Guide to Business Continuity

Can we help you?

In our experience, organizations with a strong business continuity & crisis management program have weathered the storm and protected their business throughout the turmoil of the past two years.  We can help your organization ensure you have that right program in place for the coming year.

Read about our approach to Business Continuity in our Ultimate Guide to Business Continuity and our approach to Crisis Management & Crisis Planning in our Ultimate Guide to Crisis Management.

Learn about our Business Continuity and Crisis Management services or contact us today.

Category: Business ContinuityTag: Bryan Strawser, bryghtpath, bryghtpath llc, Business Continuity, business continuity consultant, business continuity management, crisis consultant, crisis management, crisis management consultant, crisis planning

About Bryan Strawser

Bryan Strawser is Founder, Principal, and Chief Executive at Bryghtpath LLC, a strategic advisory firm he founded in 2014. He has more than twenty-five years of experience in the areas of, business continuity, disaster recovery, crisis management, enterprise risk, intelligence, and crisis communications.

At Bryghtpath, Bryan leads a team of experts that offer strategic counsel and support to the world’s leading brands, public sector agencies, and nonprofit organizations to strategically navigate uncertainty and disruption.

Learn more about Bryan at this link.

Previous Post: « Business Continuity Awareness – Why It’s Important
Next Post: 5 Ways Coaching Can Help Your Business Continuity and Crisis Management Program »

Footer

Contact

BRYGHTPATH LLC
+1.612.235.6435

PO Box 131416
Saint Paul, MN 55113
USA


contact@bryghtpath.com

  • Facebook
  • LinkedIn
  • RSS
  • Twitter
  • YouTube

Our Capabilities

  • Business Continuity
    • Business Continuity as a Service (BCaaS)
    • Business Continuity Software
    • Coaching
    • IT Disaster Recovery Consulting Services
    • Resiliency Diagnosis®️
  • Crisis Communications
  • Crisis Management
    • Crisis Exercises
    • Cyber Crisis Exercises
    • Cyber Incident Response Planning
    • Global Security Operations Center (GSOC)
  • Speaking
  • Training

Our Free Courses

Business Continuity 101

Crisis Communications 101

Crisis Management 101

Our Premium Courses

5-Day Business Continuity Accelerator

Communicating in the Critical Moment

Crisis Management Academy®️

Preparing for Careers in Resilience

Our Products

After-Action Templates

Books

Business Continuity Plan Templates

Communications & Awareness Collateral Packages

Crisis Plan Templates

Crisis Playbook®

Disaster Recovery Templates

Exercise in a Box®

Exercise in a Day®

Maturity Models

Ready-Made Crisis Plans

Resilience Job Descriptions

Pre-made Processes & Templates

Site Footer

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.


Bryghtpath®, Crisis Management Academy®, Crisis Playbook®, Exercise in a Box®, Exercise in a Day®, Resiliency Diagnosis®, Resilience Operating Model™
and their respective logos are registered trademarks of Bryghtpath LLC in the United States and other countries.


About Bryghtpath LLC | Disclaimer | Privacy | Status Page | Terms of Use

Proudly powered by Mai Theme, the Genesis Framework, and Wordpress.