Imagine finding yourself at a crucial phase where hackers plan and target your company with a Distributed-Denial-of-Service (DDoS) attack. If you don’t have a backup plan, you would land up in trouble.
Another worst case scenario would be a data center destruction, where a modern business can go through a troubled phase with its data center being destroyed due to eletrical surges.
Sorry about starting the blog on a negative note, but this could be YOUR BUSINESS.
We live in an uncertain times where predictability is at its lowest. The pandemic is the evidence to this statement. As per the group of survey of 5,800 companies, 43% of businesses have shut down temporarily, and the main reason for this mishap is COVID-19.
Disasters can take many forms- Fire, floods, malware, drought and a lot, lot more. Even though natural and sometimes, man-made disasters can be unavoidable, business operations can sink like never before. The sad part is that many companies fail to recover from this impending doom. In Steele’s study (2006), it has been reported that nearly 150,000 people were at the loss of their major income source due to the 2004 tsunami. There is a survey stating that the business organizations were able to recover only 64.8% of their business level from the pre-tsunami situation, even after six years since the disaster struck.
With a thorough disaster management plan in action, every organisation can reduce the effect of such natural and man-made disasters through business transformation strategies. The recovery stage can also speed up with this.
Disaster management is nothing but a strategic planning where you can prepare your business for foreseen disasters. This can help businesses handle major disaster stages such as preparation, prevention, recovery and response.
It’s all about going deep into the world of disaster management and finding answers to these questions:
The most important step for Disaster Management strategy is to create a disaster management plan. This is going to serve out as your master document when you outline all the needed systems, processes and steps to manage a disaster. Similar to a business continuity plan, disaster management plan would act as the core to your planning. When you have a plan on a paper, you are all set to go.
When it comes to Business Continuity Plan, you prepare your organisation to continue the processes during disruption.
As for Disaster Recovery Plan, you can recover your IT systems soon after a disaster. You can involve various systems such as SAP to restore IT infrastructure or backup your data to maintain continuity. Disasters need not involve any physical harm to turn out to be hazardous for business. It can also pose moral damage. The best ever disaster management plan would assuage businesses from critical damages.
With Disaster Management plan, your organisation can handle emergency situations with proper steps for mitigation, prevention, recovery and response.
There are plenty of forms of Disaster Management, but Disaster Management planning focuses on a specific business unit to manage emergency situations.
Disaster recovery is all about preparedness and communication. When we involve the right Disaster management system, we can ensure that there is no hard stop for your business during tough days. There would be no need for you to worry about steps you need to take to ensure business prosperity during tough days.
There are 4 types of Disaster Management namely mitigation, response, preparedness and recovery.
The aim of Disaster management is for reducing, or avoiding the potential hazards, getting assured prompt and assisting the disaster victims.
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