It’s Business Continuity Awareness Week! According to the Business Continuity Institute (BCI), this week “is an annual global event that is facilitated by the BCI and is a key vehicle to raising the awareness of the profession and demonstrating the value effective business continuity management can have to organizations of all types and sizes.” In honor of the week, we’ve put together a list of business continuity best practices.
The use of automation reduces the risk of human error during business operations. Because of this, remote data and power centers are useful for effective business continuity plans. However, employers and employees must have the ability to access the remote facilities for this strategy to be successful. During a severe disaster, remote data centers can become inaccessible, so it is essential that employees have the ability to get to them in order for them to remain effective.
Know that Virtual Systems can Fail
Though virtual storage reduces the risk of downtime and outages, it is not failproof. Don’t get too comfortable with your virtual systems because the possibility of failure is there. If you aren’t prepared for it, you’re potentially opening your business up to significant losses. Plan for the chance that a virtual system failure will occur by creating a backup strategy.
Test, Test, Test!
Having a business continuity plan is great, but it doesn’t mean anything if you don’t know that it actually works! To ensure that your plan is effective, test each step of it. With frequent testing, you will have an informed idea of how your organization will perform and be affected by a disaster that threatens business continuity. Testing also allows for any mistakes in the plan to be exposed, therefore giving you the information needed to revise it if necessary.
Prioritize Your Data
Depending on the size of your organization, the cost of data recovery can be significant. To mitigate that cost, an analysis of your critical data, applications, and software is essential. Business continuity spending should be focused on that vital data in order to secure it first. Spending equally on all data can cause financial losses due to a misuse of funds. Additional funds can be used to secure any data that is less important.
This year, for Business Continuity Awareness Week, revisit your business continuity plan to make sure it’s up to date and in working order. Consider these tips when developing or taking another look at your plan. To learn more about Business Continuity Awareness Week, visit the BCI’s website here.
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