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Ignoring the possibility of a disaster could in fact create one. Continuity management is a cornerstone of good business practice because it addresses risk, security, insurance, legal, operational and safety issues and helps ensure that critical systems can be restored quickly following an unplanned event.
Time is the key to recovery. Following a disaster, it is the company that recovers in the shortest possible time that minimises its losses. Without a business continuity plan, it could take days, weeks or even months to recover from an event - if you're lucky.
You need a business continuity strategy that is:
Planning begins with an analysis of risks in the business environment and the likely impact of different disruptions. This allows you to compare the cost effectiveness of potential solutions. Once you have decided what you will do, project and change management plans can be prepared. Your plan should specify its scope and assumptions, defining what a disaster is and how action will be triggered.
Key elements of a business continuity plan
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