Thursday, December 24th, 2009

Any business faces minor down times and major unknowns. It is important therefore that contingencies are built into the business processes to ensure that important information is protected in the event of a planned or unplanned closure of the business. It has once been said that any investment into a Business Continuity Program (BCP) is a waste of valuable resources. And it is true that if a strict ROI calculation is attributed to such a program it is likely that it would not provide a sufficient justification for such an investment. However, anybody who has experienced a cessation of business activity will know that not having a BCP spells disaster and in fact it is a small cost to bear in relationship to the losses the business incurs during such an event.Our recent history is filled with events that “were unthinkable” but that actually happened and which are all reminders that a BCP should not be disregarded. It is an accepted fact that following a major fire almost half of businesses fail to reopen and then close to a third of those that do reopen do not survive beyond three years. Those are everyday examples and the list could easily go on and on building up an unassailable argument for a BCP.There ...
Tags: Bcp, Recent History, Staff Efficiency
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