Disasters - The Risks
Suppose disaster strikes and your office building burns down – are you prepared?
- What are the continuity and recovery needs of your business?
- Have you determined critical business and IT priorities?
- Where do you start to plan a comprehensive continuity program?
Think of the problems
- How do customers contact you?
- Where do customers contact you?
- How do they pay?
- Where do you find a temporary workplace?
Office cover and business interruption insurance to pay for damage and revenue loss isn’t enough.
Reputational damage to a business of a crisis can be catastrophic. Customers simply switch to new suppliers. Staff grow disillusioned. Time spent not trading causes the business to fold.
It is also a major concern that company shareholders would seek redress from auditors if they fail to report inadequate planning for disasters.
No wonder then that the Government and various official bodies are insisting upon tested, effective continuity planning, especially in the NHS, utility companies and local government and their suppliers.
Hence the huge interest in effective business continuity planning – and for premises available to take staff and IT infrastructure at short notice that allows a business to continue running seamlessly.
Until now, this has been a significant problem for most office-based businesses.
But now, we have a range of experts available who can help.
FACT: 40% of businesses that suffer a critical IT failure go out of business within one year.