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How does business continuity/disaster recovery add value to organization delivered services?

Although business continuity is considered by some organizations as a (nice to have) capability, critical/disaster situations prove the opposite .... Which is realized, but after the catastrophe happens

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Question added by Ahmed Galal , Senior PreSales Manager , El Sewedy Technology
Date Posted: 2013/09/23
Anthony Harrison
by Anthony Harrison , Senior Manager, Enterprise Resilience , PwC

I always describe it as an insurance policy - there are many of us who understand the value of knowing that if the worst should happen, there is something in place to reduce the impact of an event. If your office has a fire, the chances of your business surviving are higher if you can get your furniture and equipment replaced.

 

The level of risk that you are comfortable with varies by industry and by organisation; if your risk appetite is low, then you need to decide what is most important and protect that the most - this could be systems, people, supply chain, location or any other business component. Spread your risk by having a dual supplier policy - two types of hardware, two telecoms links, two sites etc. In many cases, having two suppliers ensures that your pricing remains competitive and allows you to invest those savings in your core business.

 

At the other end of the spectrum, many people prefer to keep their fingers crossed and hope that bad things will not happen - good luck with that as a plan when the inevitable occurs. If you plan, you have a chance to recover; if you do not, you are risking your business and your livelihood.

Adnan Yacoub
by Adnan Yacoub , Manager Risk & Governance/Quality Manager , DEPARTMENT OF JUSTICE - Melbourne

The value will be in: Customers can trust you to deliver. Suppliers will trust you as a valued customer. Employees will trust you as a caring employer. Insursce company will have confidece in your and cost you less.

Nancy Refai
by Nancy Refai , Health, safety and environmental management Trainer and consultant , Freelancer

Benefits of BCM and DM are limitless on short run it creates Competitive advantage and add   Protection of brand, reputation and image. in case of incidents happening they provide unlimited Financial benefits and much Reduction in expenses. 

 

Thevaraju Yallaiah
by Thevaraju Yallaiah , Material Controller , Jurong Engineering Limited

As client satisfication is firstly consideration. Such business or project involve had their own evoluation or quotation bidding as term consider of such value with recovery method .Keep the quality , production or sheduled in target as well production in same grade manner sure the business would not in disaster of failure.

shahinshah shaikh
by shahinshah shaikh , Lead Piping Assistant engineer , Kuwait National Petroleum Company MAB, CFP

 Expert in problem-resolution, planning and managing the projects. Experienced in supervising all levels of grades and in building relationships with international teams of staff.  Excellent oral and written communication skills. Controls all activities of Clint/ company and contractors work, related to mechanical division.

Olufemi Oyefodunrin
by Olufemi Oyefodunrin , Chief Operating Officer , Quid Cycle Capital and Investment

it shows the capacity of the business to recover quickly, reassuring its cutomers that they will continue business in a stormy situation.

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