Business continuity from the business process perspective Even if technology allows quite substantial business continuity solutions, it is not enough in most cases.
Continuity element must also be built in to business processes.
Once all worksheets are completed, the worksheets can be tabulated to summarize: Those functions or processes with the highest potential operational and financial impacts become priorities for restoration.
The point in time when a function or process must be recovered, before unacceptable consequences could occur, is often referred to as the “Recovery Time Objective.”Recovery of a critical or time-sensitive process requires resources.
Business continuity impact analysis identifies the effects resulting from disruption of business functions and processes.
It also uses information to make decisions about recovery priorities and strategies.Documents do not exist or are not updated accordingly.In addition the management of the technical entities and dependencies between them are not recognized. Usually the 3rd party is not enough and the chain goes deeper to 4th and even 5th party.By following a testedand trained procedure the company is able to maintain the ability to continuebusiness even if the office building is unavailable.” Unfortunately quite often business continuity planning is getting the attention it needs after a failure in incident management and recovery. The countermeasures must be evaluated against risks and measured against benefits and costs.The Business Continuity plan is a set of documentation that states what the countermeasures are in different scenarios and how they are deployed.Insurance does not cover all costs and cannot replace customers that defect to the competition.A business continuity plan to continue business is essential.Business Continuity Planning Process Diagram - Text Version When business is disrupted, it can cost money.Lost revenues plus extra expenses means reduced profits.Duplicated power supplies, hot swap disks and RAIDs, resilient network connectivity, elimination of the single point of failure etc.are normal and common practices, when building the company infrastructure.