Business
continuity and Disaster recover are amongst the most unpleasant task of the
business planning. They also offer some of the highest paybacks. Disaster
planning is often neglected by the companies. It provides enormous business value
and protects our assets. Too often when asked how they prepare for an
emergency, companies will say that they backup their data every day. But, this
is not enough. For example, it’s not uncommon for companies to back up their
system and lock the backup tapes inside of fire retardant system. Fires are
among the most common catastrophic disasters to affect businesses. But although
these systems are fire proof, they won’t stop the backup tape from melting. In order
to be effective, backups must be taken to an offsite location. Few statistics
reveal that, 80% of the companies that suffer critical data loss will close
their door within two years.
In
addition to data protection, there are number of legal public relations,
organizational and safety consideration which must be taken into account. In the
chaos of an emergency, the broken window effect might come into play. Normally
ethical employees might see an absence of authority and leadership as an
opportunity for a fraud or theft. Every department in the company must
contribute to the disaster plan. Disaster planning is a business issue, not an
IT issue. IT department have the greatest insight into company-wide business
process, so IT should be tasked with the disaster planning. But despite this a
plan must be developed and implemented with top down support across all
organizational departments. Without this insight and cross departmental
participation, it is impossible to put together the proper plan.
The
Disaster recovery plan stipulates, how a company will prepare for a disaster? What the company response will be in the
event of the disaster? And, What steps will it take to ensure that the
operations will be restored? This plan must include many possible scenarios, since
the causes of disaster can vary greatly. These can include things such as
deliberate criminal activity, natural disaster such as fire, a stolen laptop,
power outages, a terrorist attack, etc... There are hundreds of possible
disaster scenarios and they vary based on cultural, geography and industry. It
is also important that the disaster recovery plan be distributed across the
organization so that everyone know the role within the plan.
The
business continuity plan is a fairly new methodology that stipulates what steps
a company must take to minimize the effects of service interruption. Back when
companies were primarily paper-driven and information processing was done using
batch processing, companies could tolerate a few days of downtime. But as
technology became faster and cheaper, companies began computerizing more of
their critical business activities. Companies needed to have systems in place
that would minimize the impact of unplanned downtime. The first major event to
demonstrate the importance of business continuity planning was the Y2K crisis.
Since then, it’s been a standard function of corporate IT planning. One typical
example of business continuity would be the electric generators used by
hospitals to ensure that patients can still be cared for in the event of a
power outage.
Reference: https://www.youtube.com/watch?v=qfjWhAmWYL8
Reference: https://www.youtube.com/watch?v=qfjWhAmWYL8