Why You Need a Business Continuity Assessment

by May 25, 2016Business Continuity

Business continuity assessment is critical for your business.

The best time to deal with a business disaster is before it happens. That’s when you can consider matters at leisure, make sure you have everything at hand to recover — and hopefully prevent it from happening in the first place. Dealing with a disaster once it’s happened is a lot more stressful. That’s why you need a business continuity assessment.

People don’t like to think about bad things that could happen, but it’s better to be prepared. Measuring your ability to deal with them is what we call business continuity. The European Central Bank provides a good example of how to assess a business continuity plan. It’s rather dry reading, but worth looking over as a model.

It’s always the piece that you don’t think about that causes the problem. A plan may sound good, but how do you know you haven’t forgotten something critical, like the role of the accounting firm in the same building or the one computer that somehow isn’t being backed up? Software developers know better than to trust their own ability to find all their bugs. Writers look for proofreaders. A plan for recovering from disasters needs an independent business continuity assessment to make sure it’s covered all the bases.

Murphy’s Law says that anything that can go wrong, will go wrong. It’s not that the universe is conspiring against you, but that you have to consider all possibilities, even the unlikely ones, to be safe. Disasters are (hopefully) low probability occurrences, and you don’t know which one of the unlikely scenarios will happen. Prepare, as far as it’s possible, for all of them.

Circumstances change. Last year’s plan may have been fine last year, but you have to perform a new business continuity assessment periodically to make sure that it covers anything that’s changed, and then adjust your plan as necessary.

Extended downtime can destroy a business. Invenio IT provides the services to make sure you can keep running, even when Murphy hits hard. Please contact us for a demo and more information.

YOU MIGHT ALSO LIKE:  Business Continuity Plan Template for Law Firms