Do You Really Need
CPOCS?
Figuratively maybe your business isn't located next to a creek about to crest
its banks and your roof is brand new, and maybe your business is well poised to
weather the most destructive of northeastern gales or Texas tornados. We
certainly hope that's the case. Maybe you've thought through the critical risks
to your operations, developed integrated strategies to mitigate their possible
impacts, established sound business recovery processes and procedures, and
tested and upgraded them regularly. If all this is so, you probably don't need
a new or revised business continuity plan, a concept of operations to execute
that plan, or CPOCS's assistance.
|
Natural - Flood

Natural - Tornado
|
On the Other
Hand.
Just maybe some or all of this isn't so. If that's the case, you may want to
answer these questions:
|

Natural - Tornado |
- *
What are your business's chances of survival if your essential
operations, such as IT, production, finance, sales and marketing and
administration, are disrupted totally or partially for one hour, one
day, two days, a week, a month? If you are responsible for
safeguarding government assets, what would the mission impact be if those assets
were disabled, destroyed, or fell into the wrong hands?
|
Downtime costs for the financial services industry: $1.6
million per hour according to Meta Group. |
- *
What would be the financial impact of a disruption to your business's
reputation and ability to survive and grow, or to your agency's
credibility?
|
|
|
|
|
|
|
- * What
would be the financial impact of a disruption to your business's
reputation and ability to survive and grow, or to your agency's
credibility?
|
|
| |
|
"Studies have found that organizatiotions hit by a disaster and not
have a good contingency plan are likely (4 out of 5) to be out of business
within two years of the disaster event." "Risk Analysis and
Assessment," Will Ozier, 2000, CRC Press LLC |
* What
would be impact of a business or operational disruption on your clients,
on your partners, on your stockholders or on the taxpayers you represent
and what would your financial liability be?
|
|
- * Are you
in compliance with federal, state and local regulations requiring or
strongly recommending business continuity or contingency plans?
|
|
- *
Is your business following business continuity best practices and
exercising sufficient due diligence, i.e., the legal test that may be
applied in any liability cases?
|
|
- *
What events could cause your operations to be severely disrupted, e.g.,
natural disasters, process flaws, human errors, power outages,
incomplete business or project planning, misaligned strategies,
communication interruptions, external partner interdependencies,
contingency plan holes, terrorists, etc.?
|
"Power
interruptions cost US companies as much as $80 billion a year."
World Watch Institute. |
- * What is the
likelihood of these events and their potential impact?
|
|
- * How would you
respond right now if some of your operations were disrupted?
|
|
-
* Do you have
plans, processes, and the infrastructure in place to respond to business or
operational disruptions, are they current and viable, and have they been tested
recently?
|
|
- * Are sound,
tested business continuity plans and processes important to your company's board
of directors or shareholders? Are validated contingency plans and processes of
great interest to your agency's directors and politicians?
|
|
- Still Got
Questions?
If you are troubled by some of the answers or would like help in finding out
where you stand, give us a
call,
check us out and ask for a proposal. We believe you'll find you can't do any better.
|
|
| |
|
|
|
|