Business Continuity NewsBriefs - August 15, 2018
These NewsBriefs are produced and delivered weekly by Attainium to keep our friends and clients current on topics relating to Business Continuity, Disaster Recovery and Crisis Management.
How is Your Business Continuity Planning Doing?
August 15, 2018 - Most of you are aware that business continuity planning can be the difference between life or death for your company in the event of a serious disruption or disaster. If you have a plan, great; but is it up to date? If you don't have a plan, you need one. These articles can be helpful to you regardless of your situation, giving you help in getting started or causing you to re-think what you're already doing and to consider some things you hadn't thought of.
QUOTE OF THE WEEK
"You got to know when to hold 'em, know when to fold 'em, Know when to walk away and know when to run."
-- Kenny Rogers, The Gambler --
1. How to create an effective business continuity plan
To give your organization the best shot at success during a disaster, you need to put a current, tested plan in the hands of all personnel responsible for carrying out any part of that plan. The lack of a plan doesn't just mean your organization will take longer than necessary to recover from an event or incident. You could go out of business for good.
2. Seven Steps to Create a Business Continuity Plan + Webinar Replay
A BCP is essentially documentation of how your firm will respond when confronted with unexpected business disruptions. It helps firms to be prepared with a plan in place to minimize any financial loss, or other negative effects of disruptions in strategic plans, market position, operations and reputation to name a few. Here's a summary of the seven steps shared with listeners to create a BCP, as well as the full webinar replay.
3. Ten things that any emergency preparedness/business continuity plan should include
The study referenced here makes a compelling case for elevating the role of facility management professional as a strategic partner as organizations and facilities gain complexity. For businesses developing or updating their emergency preparedness/business continuity plans, there are 10 areas that must be considered. FM professionals play a significant role throughout this process.
4. Lessons learned in business continuity planning
Many government IT managers today are being tasked with developing and testing business continuity plans for payroll, email, financial and other key administrative systems. In 20 years of developing such continuity plans, we've seen areas that many IT managers overlook or underestimate, and which end up adding insult to injury when disaster finally occurs.
5. How a business continuity plan can help you survive a ransomware attack
Though the Titanic could carry enough lifeboats, the final count was far less to save money. That scenario should sound hauntingly familiar to any business that has cut back on its data security and business continuity procedures to reduce costs. Many businesses don't make the necessary preparations to survive a ransomware attack. While you might have escaped a major ransomware attack up to this point, statistics indicate it's not a matter of if you'll be attacked, but a matter of when.
6. Pandemic planning: don't take your eye off the ball
Today's emphasis on lean operations and just-in-time supply chain management places businesses at risk during a pandemic. A disruption in the work force or supply chain can trigger a domino effect with widespread impact on businesses and the economy. Is your company prepared for a pandemic? How would you manage if a significant number of your workforce had to stay home for days or weeks to care for infected family members? In a major pandemic, even the employees who remain at work are likely to become ill at some time during the first eight-week pandemic wave and, as that will mimic the pattern expected in the general population, many people will be out at the same time.
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