W H AT D O B U S I N E S S E S NEED TO CONSIDER WHEN DEVISING A DISASTER
Recovery Plan?
Roman Semiokhin, serial investor and entrepreneur.
What Do Businesses
NEED TO CONSIDER WHEN DEVISING A DISASTER RECOVERY PLAN?
Disaster
recovery
plans
contain
strategies to mitigate the impact of the event, enabling the organisation to remain operational or resume key operations shortly afterwards. As we have seen from the COVID-19 pandemic, unforeseen events can have a disastrous impact on businesses, with
interruptions
in
business
A disaster recovery plan is a formal
operations having a knock-on effect in
document created by an organisation
terms of dissatisfied customers, brand
that contains instructions on how
damage and lost revenue. A well-
to respond to unplanned events,
crafted disaster recovery plan should
for example a cyberattack, natural
set out the steps necessary for a quick
disaster, power outage or other
recovery from disruption, regardless
disruptive incident.
of the source of the disruption.
Aspects that need to be covered by
•
Alternative work locations
a disaster recovery plan include:
•
Internal and external emergency
•
The objectives of the plan
•
The locations and services it covers
•
Details of the type of incident that would trigger the plan
•
Disaster recovery procedures
contacts •
Insurance, including details of policies and contact details
•
Details of the plan review procedure
ROMAN SEMIOKHIN To learn more about post-COVID business trends, visit the blog of Roman Semiokhin.