Friday, September 15, 2006

The 5 Myths about Business Continuity Planning


September has been designated as National Preparedness Month by the Department of Homeland Security and FEMA (Federal Emergency Management Agency). Companies and individuals are encouraged to develop and renew their plans for disaster readiness and business continuity. This is also the time when many organizations are reviewing their budgets for the next fiscal year, and becoming introspective as they evaluate every element of the business to determine the long-term financial benefits of each project and department.

As your company focuses their thoughts on corporate survival, remember to also consider the capability of your organization to be resilient in its response to unexpected emergencies. What is your plan to maintain the continuity of business operations? Bear in mind that the only thing harder than planning for an emergency is later explaining why you didn't.

Why should a company invest in business continuity? The simple answer is that this form of strategic planning is designed to protect all elements of the company, to focus on the longterm survivability of the organization, and to reflect upon other options of risk management which might be available to your firm.

See full Press Release, in pdf format.