Business Continuity – Always Available
Business continuity planning is one of the most critical components of any recovery strategy. Unfortunately not every company develops a continuity plan. An alarming 48% of business owners surveyed said they have no plan in place. That means business continuity planning is more than smart business – it helps your company remain better positioned to recover from business interruption that a natural disaster or man-made event may cause.
Planning for a disruption or catastrophic event should happen when business is going well, not when disaster strikes. Having a pre-defined, well-detailed business continuity plan that clearly communicates how your business will respond during an event can help mitigate risk and is one of the best investments your company can make. FibreFly specialises in mitigating these risks and providing answers to protect your business.
Misconception 1: "Staff will know what to do in an emergency."
Even the best employees cannot be expected to know what to do when disaster strikes. Leaving each to respond in his or her own way only adds to the confusion of an event. Having a well-documented business continuity plan in advance, and training your employees to follow it, gets everyone on the same page.
Misconception 2: "We have insurance to cover losses."
Insurance alone is NOT a business continuity strategy. Proper coverage is an important part of the plan. But it won’t fully cover some of the peripheral damages from an event, like loss of customers, loss of market share, or setbacks in development or release of a new product. Your business needs to continue operation during an event….Our solutions enable this.
Misconception 3: "We don't have time to develop a business continuity plan."
Time spent developing and maintaining a business continuity plan is an investment in your company. Your fixed costs will continue after an event, whether or not you are open for business. The faster you can return your operations to normal, the more likely you will recover from the event successfully. With so much at stake, your company cannot afford NOT to have a plan.
Misconception 4: "Business continuity and disaster recovery are the same."
Business continuity is a proactive plan to avoid and mitigate risks associated with a disruption of operations. It details steps to be taken before, during and after an event to maintain the financial viability of an organization.
Disaster recovery is a reactive plan for responding after an event. It deals with the safety and restoration of critical personnel, locations, and operational procedures after a disaster, and is a part of business continuity planning.