Tags |
|
|
Links |
|
|
Casual Articles - Business Continuity Testing Starts with the Risks
Following the festival circuit across North America can be an exciting adventure, after all how many jobs provide a built in vacation environment. Your friends back home are jealous that you have seen the four corners of the country and everything in the middle – you spend hours showing them your trip pictures and home movies – trying desperately to separate one highway from another and what state park you saw a specific nati
3. Accept the risk. By accepting the risk of a pot
Follow up, as we said last time, is a critical component of your marketing system. You need to stay in touch with your contacts. The tricky part is making sure your follow up doesn't cross over into pestering. This is where creative follow up comes in.Last time we gave you some follow up tips, here are some more to help you kick start your follow up strategy:Ask your contacts to get together with you over brea
1. Reduce the risk. Reducing the risk falls into 2 categories – reducing the likelihood of the problem occurring and reducing the impact of the problem if it does happen. A simple example is that by having a fire alarm you are reducing the likelihood of a fire spreading unseen and by installing a sprinkler system you are reducing the impact of fire.
Reducing the risk is often referred to as mitigation. For example, data backups are a form of mitigation. They reduce the impact if a problem occurs which affects the primary data source. Any mitigating actions require testing to provide assurance they work when required.
2. Transfer the risk. This is an interesting option which may be seen as a get-out, but which is a perfectly valid thing to do. By transferring a risk it becomes someone else’s problem and you therefore have the risk covered. We are not talking about blaming someone else, or even transferring the risk to someone else in the company.
For example, there could be a risk that office space will not be available in the case of a disaster in the main location. Therefore the risk can be transferred to a third party company which organises office space for disaster recovery and keeps offices available for companies who need such a recovery service.
3. Accept the risk. By accepting the risk of a pote
Many office-based workers do not realise that the environment they spend a majority of their working week in, may not be good for their health.Have you ever experienced headaches, respiratory infections, asthma or fatigue? Do these ailments occur at work? What happens when you go on holiday or at the weekends, do they still occur or do they miraculously disappear?You’ll often find people’s desk drawers contain a
Reducing the risk is often referred to as mitigation. For example, data backups are a form of mitigation. They reduce the impact if a problem occurs which affects the primary data source. Any mitigating actions require testing to provide assurance they work when required.
2. Transfer the risk. This is an interesting option which may be seen as a get-out, but which is a perfectly valid thing to do. By transferring a risk it becomes someone else’s problem and you therefore have the risk covered. We are not talking about blaming someone else, or even transferring the risk to someone else in the company.
For example, there could be a risk that office space will not be available in the case of a disaster in the main location. Therefore the risk can be transferred to a third party company which organises office space for disaster recovery and keeps offices available for companies who need such a recovery service.
3. Accept the risk. By accepting the risk of a pot
You’ve been working with a potential client and you think that you finally have the future project all worked out – then they ask you for a proposal. You’ve seen this great potential project but you need to bid for it. So how do you write that proposal that is going to win you the business?Well first of all let’s look at what the proposal should do. Win of course, but before that you have to:* Make your company
2. Transfer the risk. This is an interesting option which may be seen as a get-out, but which is a perfectly valid thing to do. By transferring a risk it becomes someone else’s problem and you therefore have the risk covered. We are not talking about blaming someone else, or even transferring the risk to someone else in the company.
For example, there could be a risk that office space will not be available in the case of a disaster in the main location. Therefore the risk can be transferred to a third party company which organises office space for disaster recovery and keeps offices available for companies who need such a recovery service.
3. Accept the risk. By accepting the risk of a pot
In the last few years, the Philippine economy has seen the proliferation of quite a number of call centers or contact centers providing thousands of high-paying jobs to Filipinos. Recent estimates that the Philippines has replaced India and other countries as the preferred destination for many offshore contact centers that provide services to American and other western markets. This phenomenon has made the Philippines the cou
For example, there could be a risk that office space will not be available in the case of a disaster in the main location. Therefore the risk can be transferred to a third party company which organises office space for disaster recovery and keeps offices available for companies who need such a recovery service.
3. Accept the risk. By accepting the risk of a pot
Most people at some point in their lives have to deal with a difficult boss. Difficult supervisors vary in personality from being a little pushy or rude, all the way to being downright abusive. Many people feel that an abusive boss has control of their personal life outside of work by lowering their self-esteem and making them live in constant fear. The role of a supervisor sometimes attracts certain controlling-type personali
3. Accept the risk. By accepting the risk of a potential problem you are at least aware of its existence and can plan for it happening. If it is a risk that would have no impact for an acceptable period of time it should still be noted but you may decide to take no action until it occurs.
Almost by definition, accepting a risk is also reducing the impact of the risk as you are aware of the potential problem and can write it into your business continuity plan.
4. Ignore the risk. This option should never be selected. There is never a reason for ignoring a risk once it has been identified. A risk can be accepted (acknowledged) but must never be ignored.
Once the actions for each risk have been identified, then anything put in place to help cope with a risk needs testing. However, many companies either test nothing at all or try testing every facet of a business continuity plan. Both methods are doomed to failure. The answer is to adopt a risk based testing approach from two perspectives: the business continuity plan is fit for purpose and it will work when invoked.
A health check (testing the plan is fit for purpose) needs to be performed by someone other than the authors of the business continuity plan. Ideally it’s performed by an independent third party that specialises in testing business continuity
HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.casualarticles.com/article/45190/casualarticles-Business-Continuity-Testing-Starts-with-the-Risks.html">Business Continuity Testing Starts with the Risks</a>
BB link (for phorums):
[url=http://www.casualarticles.com/article/45190/casualarticles-Business-Continuity-Testing-Starts-with-the-Risks.html]Business Continuity Testing Starts with the Risks[/url]
Related Articles:
The 10 Most Deadly Mistakes Business Partners Make - And How to Avoid Them
10 Tips to Maximize the Success of Your Holiday Business Gift-Giving
Bookmark it:
|