Business Continuity and Disaster Recovery Planning and Management Perspective
Even among corporations with business continuity plans, a KPMG study showed that less than one half meet an acceptable portion of their recovery objectives. The business infrastructure seems to be less protected than its stewards think it is, and such surprises usually lie in failure to tend to the corporate domain. Two curable causes of disappointing continuity plan performance may be viewed as "spotty plans" and "plan rust". Spotty plans suffer from gaps either in the initial continuity plan or in the current plan's rust from lack of exercise (testing).
Basics of the Business Continuity Plan
What Does the Business Need?
A business continuity plan, adequately supported throughout the organisation, embodies the strategic framework for a corporate culture that embraces a variety of tactics to mitigate risks that might cause:
Solid requirements engineering for any project begins with the fundamental question: What does the business need? Business continuity planning is no exception. The first place to ask that question is at the level of the organisation’s strategic plans and policies. Projects, particularly ones like continuity planning need executive sponsorship for the project’s critical support of those strategies.
- Business process failure,
- Asset loss
- Regulatory liability
- Customer service failure
- Damage to reputation or brand
The Phases of Business Continuity Planning, Implementation, and Management
The significance of each major phase of continuity planning merits attention because each phase contributes to building all four areas of business continuity: disaster recovery, business recovery, business resumption, and contingency planning:
Phase 1 – Establish the foundation. These alignment and analysis steps are necessary to obtain executive sponsorship and the commitment of resources from all stakeholders. Without a foundation of business impact analysis and risk assessment, the plan cannot succeed and may not even be developed.
Phase 2 – Develop and implement the plan. Here, attention to detail and active participation by all stakeholders ensure the development of a plan worth implementing. The plan itself must include the recovery strategy with all of its detailed components and the test plan.
Phase 3 – Maintain the plan. The best plan is only as effective as it is current. Every tactic of business resumption and recovery must be kept up to date and tested regularly.
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