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BUSINESS CONTINUITY STRATEGY
METHODOLOGY
Determine potential risks such as natural disasters, cyber-attacks, power outages, or pandemics. Evaluate the impact of these risks on different business functions and processes. Rank the risks based on their likelihood and potential impact on the business.
Establish Recovery Time Objectives (RTO) and Recovery Point Objectives (RPO) for critical systems. Document step-by-step procedures for maintaining operations during a disruption.
Ensure that necessary resources (personnel, technology, facilities) are allocated for continuity. Implement regular data backup procedures and ensure that backups are stored offsite or in the cloud. Set up redundant systems and networks to take over in case of primary system failures.
Utilize cloud services for scalability and resilience. Enhance cybersecurity to protect against breaches and data loss. Develop a clear communication strategy for informing employees about procedures during disruptions. Plan for communication with customers, suppliers, and stakeholders.
CONSTANT EVALUATION
Conduct regular drills and simulations to test the effectiveness of the continuity plans. Provide
training for employees on their roles during a disruption. Periodically review and update the continuity plans based on test results and changing business needs.
Evaluate the continuity plans of critical vendors and partners. Identify alternative suppliers to
mitigate supply chain disruptions.
Ensure compliance with industry regulations and standards. Establish a governance framework
to oversee the implementation and maintenance of the continuity strategy.
Continuously monitor the effectiveness of the continuity strategy and make improvements. Implement a feedback loop for capturing lessons learned and integrating them into the strategy.
Cloud-based service that ensures data and applications are recoverable after a disaster. Virtual
machines can be quickly moved and restored, providing flexibility and faster recovery times.
Ensures seamless communication across the organization during disruptions. Automate backup
processes, failover mechanisms, and other critical tasks to reduce the risk of human error.
CRUCIAL STRATEGY
A business continuity technology strategy is crucial for ensuring that an organization can continue operating smoothly in the face of disruptions.
