Business Continuity and Contingency Planning

The Quran, speaks of Yusuf as given responsibility for the storehouses and he says, I will be a knowing guardian. Yusuf as then ensures that during seven difficult years, there was no food shortage among a vast nation of people including his own family in Egypt.

This is one of the best examples of Forecasting and Business Continuity Planning in the Quran.

This story teaches us the importance of forecasting our business considering natural growth with all things being equal and to take into consideration the risks involved both internal and external that can take place.

Another lesson we can learn is to prepare for contingencies where we should keep money aside in liquid assets. Keeping in mind that only very few businesses can generate positive cash flow month in month out.