What information should be presented to leadership about the need for business continuity?

Presenting information about legal and regulatory requirements to leadership is crucial for establishing the need for business continuity. This is because organizations are often subject to various laws and regulations that mandate having a comprehensive business continuity plan in place. Failing to comply with these requirements can lead to significant legal consequences, penalties, and damage to the organization's reputation.

Moreover, highlighting these requirements helps leadership understand the potential risks associated with non-compliance, such as financial losses, operational disruptions, and loss of customer trust. By emphasizing legal and regulatory obligations, leadership can appreciate that business continuity is not just a strategic advantage but a necessity to meet compliance standards and protect the organization from liabilities.

While other considerations, such as market competition, employee satisfaction, and financial performance, are important for a well-rounded understanding of organizational health, they do not highlight the imperative nature of having a business continuity plan as effectively as legal and regulatory requirements do. These aspects might influence business decisions and strategies but are less urgent compared to the immediate need for compliance and risk mitigation associated with legal obligations.