Why Is A Business Continuity Plan Important

This was due to understanding that this was survival mode and that teamwork beyond the normal course of business was necessary.For a similar positive outcome, take the time to identify potential impacts on your business if a disaster strikes, create a business continuity plan to minimize those impacts, and prepare by testing its effectiveness. Are your employees safe and can you communicate with them?

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Also, digital transformation and hyper-convergence creates unintended gateways to risks, vulnerabilities, attacks and failures.

Business continuity plans are having to include a cyber resilience strategy that can help a business withstand disruptive cyber incidents.

Further, insurance coverage may not be available to make you whole.

To survive, you need a different mindset and a different strategic business plan.

Take the time now to think about the potential impacts to your business if a disaster strikes and putting a plan in place to respond.

Below is a preliminary list of issues to think about as you begin to put together your own business continuity plan.Backup tapes were stored at protected sites away from computers.Recovery efforts were almost always triggered by a fire, flood, storm or other physical devastation.The complex IT infrastructure of most installations has exceeded the ability of most shops to respond in the way they did just a few years ago.Research studies have shown that without proper planning, businesses that somehow recovered from an immediate disaster event frequently didn’t survive in the medium term. It’s important to have a business continuity plan in place to identify and address resiliency synchronization between business processes, applications and IT infrastructure.On August 20, 2018, Southwest Wisconsin was swamped with such record setting rainfall that a state of emergency was declared.[i] It impacted our affiliated team’s office as well as their design and fabrication site.When we think about preparing for disaster, we think about the project site.The plans typically include ways to defend against those risks, protect critical applications and data and recover from breach or failure in a controlled, measurable way.There’s also the issue of exponentially increasing data volumes.The plan should cover how to reestablish office productivity and enterprise software so that key business needs can be met.Manual workarounds should be outlined in the plan, so operations can continue until computer systems can be restored.

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