How to Effectively Identify Business Continuity Strategies

While many organizations believe that they should plan for individual scenarios, such as power outages, floods, fire, etc. But planning for all possible crises isn’t practical or cost-effective. Instead, a better strategy includes planning for the consequences of these scenarios, according to an article published by www.timesofoman.com. These consequences often include the disruption of infrastructure components, loss or unavailability of people, supply chain breakdown, information loss, and many others.

And one of the best ways to deal with these disruptions, according to the article, is to collect BIA or CRA information about products and services and then identify solution strategies for each area. These solutions should center on recovery time, acceptable data loss, and irreparable damage limits. Continuity experts advise businesses to follow key recovery strategies during and after a crisis, including:

  • Running operations at an alternate site during a disruption, including a second office building already in operation.
  • Moving to standby facilities that are only activated during an emergency.
  • Using subcontractors or third parties to conduct some or all activities.

Remember to identify solutions for each product and service, keeping in mind people; buildings and office facilities; resources, such as IT systems, voice and data communication links, paper-based information, and equipment; and supplier capabilities. Manufacturing organizations should also assess materials, logistics, and inventory; production processes; and power and other utilities.

According to the Times of Oman author John Bartlett, “The appropriate strategy and tactics are closely linked to the treatment of risks identified ... There will be several actions organizations can take to reduce the risk and improve the tactical options available for particular strategies.”

These actions, according to Bartlett, include cross-training; maintaining documented processes and procedures; storing critical equipment at another location; office sharing with another organization; providing staff with remote access from home; installing backup generators; and conducting due diligence on suppliers, among other actions.

For more information about business continuity during an emergency, visit: http://www.timesofoman.com/News/Article-7704.aspx