StudentShare solutions
Triangle menu

Continuity Planning - Essay Example

Not dowloaded yet

Extract of sample
Continuity Planning

The actions to be taken to recover items likely to be partially disturbed or fully disturbed are determined. The anticipated repercussions are also discussed. In the interest of the company, if the disaster recovery is to be effective, the plan of action has to be periodically studied and modified as and when necessary.
In other words, Continuity Planning emphasizes the requirement to safeguard the company's structure, asset, wealth, reputation and image. Apart from natural disasters like illness, fire, earth quake etc, attacks by terrorists and attacks on the information technology systems by viruses are also looked into.
The chief objective of Continuity Planning is not only to prevent the disaster but to ensure normal functions of the company in the event of a disaster with bare minimum loss of time, material and money. That is important. Obviously Disaster Recovery Planning is a part of Continuity Planning. In fact they go together.
According to statistics, man-made and natural disasters have increased considerably. The company authorities have realized the importance of taking necessary steps. An adversity can strike an establishment at any time. Prevention is always better. But it may not be possible always. What to do if a disaster crops up Or what should have been done in anticipation of it The directors of the company turn their eyes to Continuity Planning, which is a sort of risk management, for building security. "Continuity planning" has replaced "disaster recovery planning". If it is adopted sensibly, not only the enterprise can survive the onslaught but it can also bounce back majestically. Continuity Planning Audits have the ability to participate in the Continuity Planning actively for the good of the company. They are also capable of identifying a company's financial loopholes.
Destruction caused by disaster is only a part of the story. There are other more critical problems - Losing data, losing business, losing customers, losing reputation, losing money, relocation, repairs are only some of them. All these give everlasting nightmare to the company. That apart, the company is answerable to shareholders, employees, clients and so on. It should have been the company's responsibility to take precautionary measures. The company may be taken to task legally by the shareholders. All these factors add to the concern of the company management.
According to Pat McAnally, director of marketing at SunGard Planning Solutions in Wayne, Pennsylvania (Rodetis, 1999), "Professional service companies are starting to appreciate and protect the intellectual capital of a business". Any company without Continuity Planning will fail to meet its statutory obligations; and the company may be penalized for neglecting continuity planning. So most of the companies are seriously adhering to it.
Pat McAnally (Rodetis, 1999) says, "Contingency plans are also a regular part of requirements by the office of the comptroller of the currency".
Continuity Planning is for preserving and protecting all the records and valuables of an enterprise such that the company can go ahead with its operations without any sort of hindrance. Taking steps to minimize risk is far reasonable than recovering from a mishap.

Each minute of idle time of man, machinery and other equipment in an organization amounts to waste of money. If such a situation is not put under control the company runs the risk of closing down. The biggest headache of a manager is undoubtedly ...Show more

Summary

Continuity Planning" is the strategy a company has to adopt in anticipation of a disaster and also to recover everything lost if at all a disaster transpires. It takes care that the company's normal operations and business run as usual. That is fundamentally important…
Author : meagan31
Continuity Planning essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Continuity Planning"
with a personal 20% discount.
Grab the best paper

Related Essays

Emergency planning and Business Continuity Management and how they may be integrated with Security Risk Management
Business environment has become complex. Various internal and external factors contribute in this complexity. Organisations have no choice but to determine and manage the risks. Business continuity management system is a wide fit-for purpose standard. This standard entails the fundamental components essential to guiding an organisation on different organisational matters.
20 pages (5000 words) Essay
Disaster Recovery and Business Continuity Planning
Some of the disasters occur because of human error while others occur due to unpreventable natural catastrophes. Disasters due to human faults caused by inadvertently ignited fires, environmental pollution and outbreak of diseases due to negligence and poor hygiene are often devastating but avoidable.
3 pages (750 words) Essay
Business Continuity and Crisis Management (RISK MANAGEMENT)
This paper explores the meaning of business continuity and crisis management within an organization and it also highlights the terminology of business continuity management and its importance to the organization. The relationship between risk management and business continuity, examples of business continuity and what people say about the BCM is also tackled in this paper.
12 pages (3000 words) Essay
Business continuity management
Unlike corporate management issues where the manager can step back away from the table and do a re-assessment of the situation based on the data presented, the incident commander does not have that option. For this reason, government views BCM as a bridge between theory and practice which helps it to eliminate risks to government services and business activities.
2 pages (500 words) Essay
Business Continuity Mnagement
In the 1990s, Disaster Recovery was mainly associated with Information Systems but BCM stretches far beyond this. As the name suggests, BCM means business should continue despite calamities or
6 pages (1500 words) Essay
Business Continuity Planning
Non profit, charity and government organizations may survive on their own resources during any crisis due to their inherent support or backup, but the private and corporate players have to indulge in pre planned strategies in order
2 pages (500 words) Essay
5000 word essay following research into Emergency planning and Business Continuity Management and how they may be integrated with Security Risk Management
On the road to progress, emergencies and disasters cannot be avoided or wished away. For them emergency planning can be done to deter or prevent the effects of any emergency. 9/11
20 pages (5000 words) Essay
Business Continuity & Disaster Recovery Planning models

This write up focuses on the processes used by organizations to help them in the preparation of disruptive events such as business continuity and disaster recovery planning models. Disaster recovery models are the processes by which a business is resumed after a catastrophe while business continuity models are comprehensive approaches, which make sure that an organization will continue earning money.

2 pages (500 words) Essay
Describe the importance of having a sound business continuity plan
Business continuity has to be tailored to the specifics of the organization in terms of scale, nature, geography, and culture making it part of the organization for the success of the organization presently and in future through its ability to augment
1 pages (250 words) Essay
Continuity of Operations Planning
This is because of the billions that are lost every year due to cyber security. Many organizations in the United States are going bankrupt due to cyber security. The government is losing the fight on cyber security and they should hand over
1 pages (250 words) Essay
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Rate this paper:
Thank you! Your comment has been sent and will be posted after moderation