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Whitepapers
A Look at Business Recovery Planning
How will your company continue business if faced with events like the world witnessed on September 11, 2001?
The first step to survival is to have a plan. The usual reaction to a disaster is one of confusion as each member of the executive management team expects the others to know what steps to take. This decision process takes place during the disarray and confusion of a disaster. Not the best of times to make these critical business decisions! To prevent this knee-jerk reaction, the company must plan ahead and communicate the plan before the disaster occurs.
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Planning for Pandemic Flu
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Tuesday, January 02, 2007 |
Imagine that ten percent of your employees are too sick to come to work on any given day.
Imagine that cumulatively, 40 percent of your workforce could be absent for as many as three to four months. Imagine that the other businesses you rely on are facing the same massive absentee rates. Hard as it may be to believe, such a scenario could happen -- indeed, some health officials say it’s inevitable. The cause: Pandemic flu.
It is often thought that Business Continuity Planning is a project with a finite ending. However, as this article will show, this is not the case. Creating the Business Continuity Plan is just a part of developing a Business Recovery program.
In disaster recovery, business continuity, and emergency response planning (DR/BCP), new technologies have emerged to prevent losses. Among the best new technology is integrated, Internet-based continuity and recovery software. Its ability to plan for and best handle events, incidents and disasters for a modest investment with high ROI is unique. This is because users get the benefit of certified planning expertise without necessarily paying for consultancy. Becoming the most effective enabler for successful DR/BCP leaders, often responsible to regulatory agencies and shareholders web-based DR/BCP software combined, when appropriate, with planning and alternate site services represents the latest and most compelling lifeline proposition.
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BCP ROI Considerations (291.95K)
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Wednesday, May 10, 2006 |
This PowerPoint presentation was delivered by Monica Goldstein, Esq., CBCP, Executive VP, RecoveryPlanner.com
at Continuity Insights 2006 in New Orleans, LA. Technology projects often require that the Return on Investment (ROI) be determined prior to receiving the necessary approvals to go forward. Although Business Continuity Planning has moved out of the arena of being just an IT initiative, its costs still often require the same cost justifications as other technology projects. There are a variety of models that can be used to determine ROI, but all assume costs and benefits are known and can be expressed in a common metric, specifically money. Ms. Goldstein reviewed the benefits and the costs involved with business continuity planning, giving the attendee the information that may be used when determining the benefits and costs in whatever ROI method that is chosen. Also discussed are other items besides the financial metric that should be reviewed when considering ROI.
The cost associated with downtime for companies across all industries is staggering. In fact, statistics show that companies that suffer significant outages without a plan rarely survive the near term. In addition to having a plan, is it possible that Business Continuity planning tools can help minimize the impact of downtime? In what ways can a planning tool, or software product, maximize planning ROI?
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