Risk management is part of any effective business strategy, and it’s one aspect of running an organization that must be addressed if you want to secure long-term success. Today we want to discuss what goes into an effective risk management strategy and how you can take advantage of it.
Not all businesses will look at disaster recovery the same way, but if you want your business to have the kind of continuity that will allow it to get through tough situations, doing your best to formally create a disaster recovery policy will put you in the position to weather any storm you encounter.
The question this article will present is simple: Does your business have a dedicated data backup and disaster recovery system? A comprehensive backup and disaster recovery platform (BDR) can turn out to be one of the most critical parts of managing a business’ IT infrastructure, and if you don’t have one, you should absolutely get one.
Situations happen all the time to businesses that can really put a lot of stress on their ability to sustain operations. These situations don’t often remediate themselves. Simply put, every business needs a business continuity plan; and one-in-five don’t have one. This month, we thought we would break down a successful plan into its components to try to give businesses that may not have a plan, the basics needed to establish one.
If you have been running a business for any length of time, you definitely don’t need to be told how important risk management is. One problem you see from business owners today is that while they understand just how many problems there are--and which ones they need to find solutions for first--they want to grow their company fast, and as a result, they overlook potential problems and end up hurting their business as a result.
Bad things happen. If your business fails to plan for the worst, when something terrible does happen, you could be looking at disaster. If you have a comprehensive continuity plan in place, however, you have a fighting chance. Let’s discuss some of the elements you absolutely need to address when making your business’ continuity plan.
Every business needs a continuity plan (BCP) so that if their business is forced to deal with problems that arise for any reason, that they have a working plan to get the business back up and operating as intended quickly. It’s one thing to have it all written down on paper, outlining how things are supposed to go, and quite another thing to have a working strategy when faced with operational interruptions. Today, we’ll go through some of the basics of business continuity to help you understand all that goes into a successful plan.
Data has effectively become another currency - and just like any other currency, some is much more valuable than others. This is especially the case where your business’ data is concerned, and why it is so crucial that you keep it safe.
Business continuity is one subject that not a lot of people know a lot about. This is largely because there isn’t a curriculum that presents a comprehensive outline on how to deal with disaster. This month, we’re going to share some continuity strategies that work, regardless of the situation, to get your business coordinated and back up and running fast following an unfortunate situation.
Data backup tends to carry with it the association that your business could end at any moment, and while this is an important reason to implement data backup, there are countless others to consider as well. You might find that they are just as important to your organization as saving it from a devastating data loss disaster.
If you don’t consider the worst-case scenario when preparing your business’ disaster recovery strategy, you’ll inevitably suffer from it when it does happen. Taking into account all of these nuances is one of the main ways your organization can prepare for such an occasion. All of these instances need to be considered when putting together your organization’s business continuity plan. We’ll discuss some of the major parts of it, and why they are crucial.
It should come as no surprise that the practice of business continuity planning is one that every business needs to undergo. This planning serves as essentially your only insurance against some form of data disaster or another. Consider your own business for a moment--could it survive a fire, a critical failure in part of your infrastructure, or theft? With a business continuity plan, there’s a chance it just might.
As a business owner, you expect to stay in control of what your business does. Unfortunately, there are certain variables in running a business that simply can’t be controlled, like the weather. Therefore, you need to take special care to ensure that these uncontrollable instances don’t become a threat to your business’ prolonged existence. To this end, we recommend a business continuity plan.
While many may consider an audit of any kind to be a pain in the neck or worse, they can actually be an effective way to ensure that businesses are following best practices and remaining compliant. After all, nobody wants to be the company that failed an audit. Despite this, many companies aren’t up to standard where their IT is concerned, and it has an impact.
As a business owner, you’ve surely thought about what the future holds for your organization. However, one of the things that you need to think about that’s not often considered is the event of a data disaster. How can your business bounce back from such a catastrophic event? One of the first steps is understanding your data backup and disaster recovery process, as well as how you can improve your current setup.
Sometimes Mother Nature simply isn’t on your side, or you’re unfortunate enough to experience a troublesome disaster that threatens to knock your business off its feet. While various parts of the world are known for experiencing deadly natural disasters, other regions might not be as prone to them, giving business owners the wrong idea. It’s not a question of whether you’ll be hit with a crippling disaster, but when.
Every business owner needs to have a plan in place to backup their company’s data. Ignoring this basic task can lead to some pretty grim consequences, like a data-loss causing disaster. Fortunately, when it comes to backing up your data, you’ve got options.
Data might be the single most important asset of any business, but you would be shocked to hear about how many organizations don’t consider data loss to be a prominent threat. The fact remains that it doesn’t take an immense disaster to wipe out an entire infrastructure, and that you should expect the worst to happen regardless of how unlikely it is to do so.
Replacing your aging or broken-down hardware is a part of doing business, and one that few business owners want to think about before it must be done. Hardware is expensive and tricky to replace without experiencing at least some downtime. That’s not to mention arguably one of the most important questions you have to ask yourself: What do you do with your old technology that’s filled with sensitive data?
It doesn’t take much to derail a business. Even the slightest disruption in power can lead to an unexpected power-down, and something as simple as a severe rainstorm could lead to floods that wash away your data. The point stands that you have everything to lose, and without data backup and disaster recovery, your business practices could be in danger.