Include contingency scenarios that address all aspects of the business. Maintain regular cash flow forecasts for a better handle on finances. Have a dedicated person oversee and own the business continuity plan to streamline the process. Obtain feedback from your team; they may know specific areas of the business better than anyone else.
An information and IT related business continuity plan should be based on risk and focus on key information and information technology assets in the context of business needs. Business continuity planning will promote the rapid recovery of the university in the face of an adverse event, minimize the impact of such events, and improve university
Business continuity is concerned with functioning in some capacity, albeit possibly reduced. Disaster recovery is concerned with getting back to normal business functions. Real-life example of business continuity: Back in 2013, lightning struck the office building of a South Carolina based IT company that hosted servers for 200 clients.
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business continuity management example