Business Continuity Planning today is no longer merely an IT function, but a closely-weaved part of Business Process Management. Consequently, businesses are moving BCP costs into production budgets, whereas they traditionally were a standalone effort, often overlooked when budget revisions were made.
During the 1990s, traditional Business Continuity Planning efforts evolved from focusing solely on Voice and Data Network connectivity, to include Information recovery planning. To todays enterprise, Information validity, accuracy, and accessibility have become paramount. To take this further, considering recent events, physical site recovery at alternate locations has become a higher priority as well. Yesterdays recovery point objectives were satisfactory at 72 hours, yet todays standards range between merely a few hours to immediate. Certainly, the costs range between recovery point objectives, and each enterprises individual components must be prioritized in terms of its impact to the business.
History Lesson: Four out of Five businesses affected by the 1993 attack on the World Trade Center didnt survive 6 months past the bombing. Prior to that, an estimated 2 of 5 did not survive recent floods, earthquakes, and hurricanes.
In order for any Business Continuity Plan to be effective, it must have Executive level support. Committing time developing a viable plan, only to have its associated budget costs refused, ends up being a waste of time. Further, various departments must be realistic in the prioritization process. What might be critical to the Human Resources Manager may be only relatively important to the overall operation of the business. Lastly, any viable plan must be tested, reviewed, and amended on a periodic basis. Anything that changes a business process, information flow, or network element must go into the BCP as an update.
Now or Later: Whether additional funding is made available now, and a suitable BCP is established, IT managers today should design applications that are modular, so that additional components can be added when additional funding is made available. The forklift upgrade effort, and its associated costs, can be avoided if BCP initiatives are designed into any new network initiatives.
We've helped lots of companies prepare for the inevitable, even a few of the Fortune 100, so your disaster recovery planning is safe with us. We just completed setting up an Application Mapping project for First Horizon National Corporation (2005), so trust the experts at Competitive Network Solutions with your design and implementation. Single or multiple sites, domestic and international, batch or real-time data replication, we've done it all.
Click Here for an online Business Continuity Planning show prepared by Competitive Network Solutions, Inc.
For a series of articles on the subject of Business Continuity Planning, click the links below:
Article 1 Article 2 Article 3
Competitive Network Solutions is a member of the Memphis Area Chamber's Business Continuity Planning commission.