Business Resilience with BCDR
In the quest for even minor improvements in your business, the pursuit of maximum uptime and streamlined efficiency remains an ongoing battle. Yet, many companies fail to prepare for the prospect of a complete shutdown resulting from factors like power outages, cyberattacks, or natural calamities. In fact, statistics show that approximately 40 to 60 percent of small businesses that experience a total operational shutdown never reopen, according to the US Federal Emergency Management Agency.
What is BCDR?
BCDR, or Business Continuity and Disaster Recovery, is a comprehensive framework that integrates people, technology, and processes to aid organizations in sustaining or recovering business operations during a crisis. It’s a broad term that unifies the roles and functions of both IT and business in the aftermath of a disaster.
BCDR empowers organizations to adapt to and rebound from disruptions while ensuring uninterrupted business operations.
Understanding Business Continuity
Business continuity encompasses the strategic planning process that enables an organization to respond with minimal disruption to business operations when faced with a disaster or disruption. Business continuity planning is meticulously designed to guarantee that the company, its employees, and its customers can continue to conduct business with minimal interruption.
To secure your business’s ability to persevere, it’s imperative to establish, implement, and regularly test a Business Continuity Plan.
What is a Business Continuity Plan?
A business continuity plan is a meticulously structured process that includes a step-by-step strategy to ensure that businesses can continue functioning in the event of a disaster or if the workplace becomes inaccessible.
While business continuity plans must be detailed enough to ensure seamless business operation, they should also exhibit resilience to work effectively in various scenarios.
Why Do Businesses Need a Business Continuity Plan?
Common Causes of Business Downtime
- Human Error
- Malicious Sabotage
- Cyber Attacks
- Hardware Failure
- Power Outages / Natural Disasters
Critical Assets to Protect
In addition to safeguarding critical business functions, it’s vital to consider protecting specific assets that hold immense value for your organization. While every business is unique, here are some commonly protected assets:
- Servers
- Phones
- Network Connections
- Network Drives
- Online Systems
- Business-Related Applications
With a well-structured business continuity plan in place, your business will be well-positioned to maintain smooth operations and ensure data protection, regardless of the challenges that may arise.