Learn more about the business continuity, risk mitigation and disaster recovery with our resources.
Critical Supplier Continuity - Believe It or Not
Your supply chain is integral to your success, and any disruption can be a major threat to business continuity. Reliance on third-party providers, key suppliers, or business partners may expose your organization to vulnerabilities that can prevent resumption of operations in a timely manner. Supply chains are vulnerable to all kinds of disruptions, including those caused by uncertain economic cycles, consumer demands, and natural and man-made disasters.
Do you hold regular disaster recovery exercises to heighten team sophistication and maturity? Performing actual recoveries, especially leveraging known weaknesses and gaps, provides appropriate stress-inducing behavior versus a game mentality. Exercises are about simulating a real event and identifying weaknesses and gaps in your technical capability.
You already know the importance of planning ahead to protect your business in times of distress. Business continuity management (BCM)—the development of strategies, plans, and actions that provide protection for your business in the face of what could be seriously damaging or potentially fatal disruptive incidents—is a critical component of any company’s survival strategy, and the fact that you’re working to perfect your program demonstrates a high level of commitment to ensuring that your business—and all of its employees—are well-positioned to emerge from a disruption unscathed.
Getting the BS out of the Business Impact Analysis
A Business Impact Analysis is, at its heart, a fact-finding mission. Do the analysis right and you’ll come to a deeper, more realistic understanding of your company’s current state of operations—and pave the way for creating a business recovery strategy that actually works. In this presentation, we cover: who should be involved in the BIA process, the right questions to ask, how to make the process as painless as possible, and what you should do with the results.
Michael Herrera, CEO and founder of MHA Consulting, sat down with Monique Hafler, Business Continuity Management Program Administrator for the Central Arizona Project, to discuss some trends in the Business Continuity Management field.
Assessing Business Continuity Management (BCM) Return on Investment (ROI) is essential to the success of your program and its ability to recover the critical operations of your organization. Understanding your BCM ROI tells you if your program is getting the intended results, and can allow for a quick course change if the numbers start to move in the wrong direction.