Create a new account

It's simple, and free.

Business Disruptions Impact

the need to rebuild critical systems from scratch. The distributed architecture can support both recovery and continuity (Sanborn, 38).

Examination of how an enterprise is affected by the increasing variety of environmental, social, political, economic and technological issues as well as regulatory challenges must be considered when formulating a solution for resilience. Risks should be assessed and potential business impacts determined. The understanding of potential loss of business value associated with infrastructure readiness is a mandatory element of this analysis.

The resiliency of a company's infrastructure should be assessed periodically, in concert with changes in the business strategy and operations. The key is to match the right strategy and solution to specific business conditions as they continue to evolve. As business operations and market conditions evolve, a company's vulnerability points change. An article in Business Insurance explains that a resiliency or contingency plan must be viewed as a continuum and not a single, static initiative. Resilience involves injecting security, protection and recovery into dispersed and far-flung organizations so that they can bounce back from any kind of setback, whether a natural disaster, a hostile economic change, a competitive onslaught, cyber-espionage or a terrorist attack. Resilient organizations rebound and adjust after misfortune strikes, and it makes sense to plan and prepare your business for the unexpected ("War highlights critical nature of business contingency plans; Threats to reputation, supply chains can be costly", 17).

Enterprise-wide resilience requires careful planning and design, striking the right balance between decentralization for flexibility and centralization for efficiency and control. Resilience often is wrapped up in discussions of security, business continuity, and disaster recovery ยท which are only part of the story. Certainly, external...

< Prev Page 2 of 9 Next >

More on Business Disruptions Impact...

Loading...
APA     MLA     Chicago
Business Disruptions Impact. (1969, December 31). In LotsofEssays.com. Retrieved 02:32, May 01, 2024, from https://www.lotsofessays.com/viewpaper/1696532.html