You arrive to work and find that a power outage, fire or flood have impacted your business. If you were not prepared and don’t have a disaster recovery plan already in place, your business would likely have to shut down. Alternatively, if it did recover, it is unlikely that your business would achieve the current level of success.
43% of companies that experience a major disaster do not reopen.
80% of companies that do not recover from a major disaster within one month are likely to go out of business in the immediate future.
93% of companies that experience a disaster and do not have a plan are out of business within 5 years.
Disaster recovery planning has become the cornerstone trade of most IT professionals and upper management alike. Although upper management and the IT team don’t usually collaborate, creating a Business Continuity Plan (BCP) and a Disaster Recovery Plan (DRP) bring the two departments together for the company’s emergency backbone. The BCP and DRP in collaboration outlines procedures in the event of a disaster so that the business can function with minimal or little down time. Creating a success and effective business plan consists of:
1. Detecting a Severe Disaster: A monitoring system should be in place, preferably 24/7 to recognize the problem as soon as it surfaces.
2. Damage Assessment: IT management will detect what sort of damage your business has incurred. Whether it be a company network, an email server or your entire IT infrastructure it is important to know what exactly has been affected and act accordingly.
3. Recovery Time Objective: A recovery time objective (RTO) is the amount of time and service level which a business process must be restored to avoid unacceptable consequences that your business would have communicated to the IT management team associated with a break in continuity.
4. Resume Critical Business processes: The number one priority for an IT management team is to resume the business’ critical processes which ensure the firm’s ability to protect its assets, meets critical needs, and satisfies mandatory regulations and requirements.