Business Continuity & Disaster Recovery
Is your business ready for a disaster? This is the question a business continuity plan is trying to address.
Business continuity is the advance planning and preparation undertaken to ensure that an organization will have the capability to operate its critical business functions during emergency events. Events can include natural disasters, a business crisis, pandemic, workplace violence, or any event that results in a disruption of your business operation. It is important to remember that you should plan and prepare not only for events that will stop functions completely, but for those that also have the potential to adversely impact services or functions.
Anatomy of a business continuity plan
If your organization doesn’t have a BC plan in place, start by assessing your business processes, determining which areas are vulnerable, and the potential losses if those processes go down for a day, a few days or a week. This is essentially a BIA.
One common business continuity planning tool is a checklist that includes supplies and equipment, the location of data backups and backup sites, where the plan is available and who should have it, and contact information for emergency responders, key personnel and backup site providers.
Technologies like artificial intelligence, augmented reality, and the Industrial Internet of Things are pushing industry into the future, and the network is key.
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We at Sequentur focus on 4 parts to the prevention and recovery of vital information and operations for your company.
- Program Administration
- Crisis Management
- Business Recovery
- IT Disaster Recovery
Next, develop a plan. This involves six general steps:
- Identify the scope of the plan.
- Identify key business areas.
- Identify critical functions.
- Identify dependencies between various business areas and functions.
- Determine acceptable downtime for each critical function.
- Create a plan to maintain operations.