Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
¶ … Disaster Planning
Business Continuity & Disaster Recovery Planning models
Business continuity and disaster planning
The goal of business continuity planning is to ensure that during an unexpected event, the business is able to run as smoothly as possible. These unexpected events may run the gamut from "the failure of a supplier of goods or services or delayed deliveries" due to extreme weather to a security breach of the computer systems to a national attack or major disaster (BIA, 2012, FEMA) "A business impact analysis (BIA) predicts the consequences of disruption of a business function and process and gathers information needed to develop recovery strategies" (BIA, 2012, FEMA). To conduct a BIA, the organization should first determine the potential timing of a disaster, or to "identify [the] point in time when interruption would have greater impact" followed by the "duration of the interruption or point in time when the operational and/or financial impact(s) will occur" (BIA worksheet, 2012, FEMA).
Then, the organization must determine the operational impact of the event which may include lost or delayed sales and income; increased costs to deal with the problem; fines and legal fees;...
Then, the costs of the likely disasters should be "compared with the costs for possible recovery strategies" (BIA, 2012, FEMA).
The Business Continuity Maturity Model® (BCMM®) is a specific, trademarked tool "created to help organizations to improve the resiliency of organizations and to develop and maintain a sustainable continuity program" and identifies eight domains that are critical to disaster recovery (COOP: How resistant are you, 2012, Virtual Corporation). These domains are then 'rated' on a scale from very low to high. The domains include leadership; employee awareness; the scale and appropriateness of the BC program; pervasiveness of the BC programing; use of metrics to monitor BC performance; commitment of resources to a BC program, and external coordination (COOP: How resistant are you, 2012, Virtual Corporation).
The BIA and the BCMM assume that some types of disruptions in business strategy are inevitable, and the best way to protect one's self against losses is to anticipate them and to reduce the damage…
References
Business impact analysis (BIA). (2012). FEMA. Retrieved:
http://www.ready.gov/business-impact-analysis
Business impact analysis (BIA) worksheet. (2012). FEMA. Retrieved:
http://www.ready.gov/sites/default/files/documents/files/BusinessImpactAnalysis_Worksheet.pdf
http://www.feddisasterrecovery.com/resources/continuity-of-operations -- how-resilient-are-your-essential-functions-/
As a result the revenue generated from the business is mainly in the form of commission for them. In case of the web sites operated by United Airlines themselves, the services are owned by them and therefore, the revenue is direct. (Abdollahi & Leimstoll, 2011) Another model used is the advertising business model. According to this model, the UAL provides advertisement to the companies. These companies then broadcast the advertisements
There is a modern emphasis, which has resulted from the experience of the economic impact of disaster, on a more extensive and 'distributed' mode of thinking about disaster recovery. This is an important factor that should be stressed as it has direct implications in terms of the economic aspects of disaster recovery planning in an increasingly networked and technologized contemporary working environment. This aspect is cogently expressed in a
This approach to creating cyclically-based strategies has helped to alleviate the time constraints on companies over time when it comes to managing the process of education and gaining senior management commitment. The smaller incremental gains made in these smaller organizations have actually proven to be more effective at deterring potential threats as knowledge is accumulated over time and change is gradual (Botha, Von Solms, 2004). The studies that are
("About FEMA," 2007) The method followed by FEMA is to lead the country in cases of a disaster, in a risk-based comprehensive emergency management system that would have as its important tenets preparedness, protection, response and recovery, and finally, mitigation of the losses that the people have suffered. These are some of the plans that FEMA has in place, and for which it recruits trainees: the National Response Plan, strategic
New York State firefighting history is a microcosm of early and modern disaster preparedness. Definition of disaster in the historic era and modern era. Early historical facts. The need for uninterrupted communication. Response to needs. Advent of the Internet. New needs, new responses. Worthiness of Disaster Recovery and Contingency Plans for keeping communications flowing smoothly. The overall importance of communication. The firefighting department of New York City, generally considered to be the first of organized efforts to combat community
Assurance Models of business continuity and disaster recovery are important for the sustainability of a company, mainly because they shield a company from the many foreseeable and unforeseeable misfortunes that may affect the operation of a business. The business continuity plan refers to a road map used for the continuation of operations in the company during hostile conditions. A disaster recovery plan refers to a set of procedures set forth