By Brandy Smith
Can you quantify what happens if your business goes down? Do you lose productivity, customers, or both? And, is your business going to lose its reputation?
A solid business continuity strategy seeks to mitigate the impact on a business when critical functions are interrupted. Business continuity is challenging for any organization to identify and address. There are so many factors that can disrupt operations. This can include anything that threatens a facility, whether it’s a natural disaster, a physical security breach, or a chain of custody breach.
Organizations that don’t have a business continuity strategy in place are at enormous risk. The strategy an organization chooses affects the potential downtime, which can in turn impact not just their bottom line, but perhaps whether or not they remain in business. Consider the following:
Six Factors to Consider When Planning Your Business Continuity Strategy
Evaluating What SLAs Really Mean
Many organizations assume that if they have 99.999% uptime—they’re covered. But in reality, true uptime is a little more complicated. Businesses depend on their IT systems. So reliability and system availability are significant issues whether they’re an unofficial standard, a corporate service-level agreement (SLA)...