Implant Business Resilience and Flexibility into Your Business Continuity Plan
The first rule of business continuity planning is to expect the unexpected. So, if you want to minimise the impact of a disruptive incident then be prepared for both the known unknown and unknown unknowns. Every disaster whether it is a power outage, fire, cyber-attack , flood or now the global pandemic is different in character and requires different execution, but good continuity planning with business resilience is always adaptable. The current pandemic not only presents a serious threat to the people but is also crashing businesses and economics across the world. A recent study from Gartner on business continuity revealed that only 12% of the organisations are actually prepared for the impact of Covid-19. Many organisations have now started focusing on how best to cope up with the short term and long-term disruptions. Organisations need to be resilient allowing for adaptation and supports data flows, anytime application access and disparate team. By adapting quickly and shifting the business priorities such organisations can prepare themselves for the new normal in the current battlefield.
Success depends on proactively managing and addressing these critical situations through applying business resilience practices which assures that your organisation follows the latest industry regulations. This will in turn improve your brand value in front of your stakeholders and customers. The business resilience plan will also act as a backbone for all your operations giving you a head start.
What is Business Resilience?
Business resilience is the ways in which companies are designed to function in times of crisis. It is a form of constant adaptation, agile building and processes that not only respond to incidents but become stronger as a result. Resilience acts like a sixth sense for businesses, allowing them to stay ahead of the situation and recognise and respond in the best possible way.
Now, why does resilience in disaster recovery matter? you may ask.
Well, in uncertain times it is the resilience that keeps companies sharp thinking and builds a well-designed plan to respond to challenges. Challenges can be turned into opportunities for growth, optimisation and success with such a business resilience strategy.
A robust business continuity management considers several strategic priorities and integral elements. The business resilience framework is not just a standalone project as it also takes into account the people, process and technology to establish, implement, monitor and maintain for continuous business operation.
Some Best Practices for Implementing Business Resilience During a Disaster
To overcome any disaster in business it is important to implement a continuity plan that includes flexibility and resilience. A strong business resilience strategy from Exigo Tech encompasses some general strands as below:
- Draft a Strong Business Resilience Plan
It is important to have a reliable architecture that is easy to manage and should be designed in a way that the organisation can access all its data and components even during a breach. A native clustering is needed and because no matter how well-developed the business resilience plan you have produced; it will be of no use if it is not available when required. So, it should be flexible and must be able to deploy quickly with high scalability.
- Data Protection Solution
The most common threat for businesses these days is cyber-attacks and so it is necessary to have data protection and recovery as a part of business resilience. Integrate an effective backup strategy, multi-faceted security solution and security best practices into your business continuity plan.
- Disaster Recovery Plan
During any incident, businesses must come up with a plan to put the critical systems back on track as quickly as possible. This is important to avoid any further damages and one of the best practices is to have a plan B and a disaster recovery site that is easily manageable and away from the primary site.
- Expertise and Trained Personnel
In the event of an incident, employees must have the required knowledge to successfully execute the business resilience plan on time. To achieve this, there is a need for training sessions to be conducted. But it is also essential to have a good survival plan in case the experts are also affected by the disaster.
To sum it up, business resilience and business continuity are indispensable for organisations to maintain global competitiveness as it prepares them to bounce back from any blow. Resilience is about assessing the failures and mitigating them rather than never failing. Formulating a business resilience strategy and continuity plan is difficult to achieve, but with proper planning and execution coupled with trust, one can get over the line. At Exigo Tech we help organisations recover and navigate through a disaster ensuring productivity and business continuity even in times of crisis. Call us on 1300 EXIGOTECH (394 468) or drop us an email at email@example.com to know more about disaster recovery and management.