Plan Ahead to Recover Quicker From That Disaster!

Posted on by George Murphy

We’re here to talk about insuring things, however, there is some insuring that does not involve a policy or signing on the dotted line. Ensuring that your business can recuperate after a disaster is a major insurance that can save your business a big headache should the unfortunate happen. The best way to do this is to create a disaster recovery plan for your business. The basics of this plan involve information  in the event of a disaster, how you and your employees will continue working, communicating, and what alternative location(s) you may be working from.

One tool that can play a critical role in your disaster recovery plan efforts is business interruption insurance (we wrote about it here.) This comes in handy to prevent your business from losing profits or loyal customers in the event business suffers a hiccup or halt.

An excellent first step in creating your DRP is to begin with a Business Impact Analysis (BIA).

A BIA typically includes:

-Descriptions of Business Operations By Department

-All Parties/Functions Connected to Operations & Replacement Costs

-Timeframe to Loss (Time Until Loss Begins)

-Severity of Loss of Each Function & Impact

-Distribution of Authority

-Proper Employee Crisis & Emergency Training

-Choosing Alternative Location(s) to Meet In Case of Emergency (ICE)

-Establishing Communication Services (Automatic Alerts to Emergencies, Updates.)

 

By keeping computer and organization systems updated, your company can recover from a disaster quicker and get back to what it does best. One way to do this is to upgrade to terminal services. This allows multiple computers to run off of one main network computer using internet-based applications, ultimately allowing employees to access their work from almost anywhere at anytime.

An important note about disaster recovery planning is that although it has similarities and therefore is often seen bundled with business continuity planning (a.k.a. BC/DR,) the two are overall different. Business continuity planning focuses on an uninterrupted stream of income, whereas disaster recovery planning focuses on minimizing repair costs and getting business back up and running.

Another great addition to your DRP is a service on the ready to help your company out. There are many third party disaster management services that offer back up of computer data, assistance in temporary relocation, as well as providing alternative lines of communication and more. Remember to cover things like setting up call forwarding, off site location(s) for your work to be backed up and kept disaster-free, as well as adequate funds to support the business for the time being. Happy planning!

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