September is
National Preparedness Month
Prepare Now to Avoid
Business Interruptions
National
Preparedness Month is held each September to encourage
Americans to take simple steps to prepare for emergencies in
their homes, businesses and schools.
When you think of
disasters, you generally envision hurricanes, tornados or floods –
catastrophic events that devastate communities. Lives are lost,
property decimated and entire communities disrupted. But for a
business, a disaster can be something as small as a failed switch or
computer virus. There are also other risks of data corruption,
embezzlement, espionage or even a leak in bathroom next door. Or,
what about human viruses? Do you have a plan for a flu outbreak that
keeps staff away from the office? These seemingly minor events can
have a shocking impact on a business, often bringing operations to a
standstill.
Did you know?
- 90% of companies
unable to resume operations within 5 days after a disaster are
out of business within one year.
- 78% of companies
who suffer a catastrophe without a contingency plan are gone
within 2 years.
But there's a great
deal you can do to avoid becoming a statistic. Creating a basic,
executable business continuity plan is one of the most important
steps you can take to protect your organization and assure business
as usual – no matter what the scenario. IT Solutions recently held
two well-attended seminars on the topic of business continuity. If
you missed them, we’re always available to meet with you one-on-one
to review low-cost services and tools we can offer, including an
easy-to-use tool for business continuity planning called Survivor or
Statistic:
http://www.survivororstatistic.com/
Here is just a sampling
of the comprehensive analysis we provide for clients in our business
continuity planning services:
1. Assess your critical business functions.
Evaluate and document how your company functions
and determine which processes, employees,
equipment and materials are critical for your
daily operations. Critical business functions
include such things as billing, payroll and
service fulfillment. List these functions and
determine a process for restoring them in the
event of an interruption.
2. Plan for an alternate location.
What would you do if your building were
inaccessible tomorrow? Where would you go to
continue basic business operations? Review your
site requirements and determine a plan for
recovery. Alternate site options include your
home, a branch or second location, the site of a
similar business, or a vendor that provides
mobile recovery.
3. Back up your data and plan to restore your
technology.
In today's highly technical economy, information
is more valuable than ever. Having an automated,
daily back-up system for important data is
crucial. Make sure to store your data in an
offsite, safe and secure location, preferably 50
miles or more from your site. Regularly verify
that you are able to retrieve your data. Outline
a plan to replace PCs, software, servers,
printers and fax machines should your office be
destroyed.
4. Create an employee, vendor and key client
communication plan.
Create a 24-hour phone tree for all employees
and their spouses or closest relatives. Make
sure your employees know ahead of time how to
exchange or obtain information should standard
lines of communication fail. Also, compile a
list of your critical clients and vendors and
store it in an offsite location. Determine a
process for contacting them should your systems
go down.
5. Take a look at your insurance coverage.
Is your insurance coverage adequate? Sit down
with your agent to assure that you are insured
for potential risks. Consider business
interruption insurance, which may compensate you
for lost income should you experience a
disaster. Make sure you keep photos of your
building, equipment lists and policy information
stored in a safe and secure offsite location.
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For a quick
evaluation of your company’s business interruption
preparedness, take our Survivability Index, located
here. The results may surprise you.
For national
information on preparedness visit
http://www.ready.gov/business/index.html
Don’t wait for disaster
to strike before putting together a plan. Contact your VCIO or
jim.higgins@itsolutions-inc.com
to learn more about IT Solutions’ business continuity planning
options.