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First, identify the top ten disasters and analyze their impact on your business. Your analysis should cover effects on communications with suppliers and customers, the impact on operations, and disruption on key business processes. You should complete this pre−study in advance of the disaster recovery planning process, knowing that it will require additional verification during the planning process.
The following are examples of possible disasters: fire, storm, water, earthquake, chemical accidents, nuclear accidents, war, terrorist attacks and other crime, cold winter weather, extreme heat, airplane crash (loss of key staff), and avalanche. The possibility of each scenario depends on factors such as geographical location and political stability.
Assess the impact of a disaster on your business from both a financial and physical (infrastructure) perspective by asking the following questions:
- How much of the organization's resources could be lost?
- What are the total costs?
- What efforts are required to rebuild?
- How long will it take to recover?
- What is the impact on the overall organization?
- How are customers affected, what is the impact on them?
- How much will it affect the share price and market confidence?
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