According to Gartner, 50% of all businesses fail after experiencing a major disruption. The lack of planning and preparation for these disruptions can cause a major blow to a business, which may include losing its customers, assets, personnel, etc. A business is more likely to recover if it has a plan and has taken into account all the areas on which its business depends on to function normally.
In the past (and probably some organizations are still doing this today), IT Disaster Recovery has been part of the IT department’s responsibility. IT’s primary focus for IT DR was to ensure that they pass their annual audits. Unfortunately, I believe there might still be some confusion on the part of business owners thinking that business continuity management and planning is strictly planning for IT Disaster Recovery and is an IT problem. How unfortunate, because IT Disaster Recovery Planning (DRP) is merely just a subset of the whole scheme of Business Continuity management. DRI International defines Business Continuity Management as a holistic management process that identifies potential impacts that threaten an organization and provies a framework towards building resilience with the capability for an effective is defined as Today’s business environment is more demanding and complex, compared to the old days. We continuously face challenges in delivering services to our customers in real-time and have less tolerance for disruptions.
