In the best of all worlds, everyone in an organisation is convinced of the merits of business continuity planning, and works to make BC happen as it should. Idealism may be inspiring, but many BC managers feel they have more in common with lone voices in the wilderness, or Cassandra of mythical Greek fame, who…
Cloud computing and risk mitigation, OK – but when pundits start linking business continuity plans and “prospect theory”, discussions can run deep indeed. What do the two have in common? To answer a question like that, you first have to know what prospect theory is about. In a simple form, it describes how people make…
Keeping a business going is what business continuity is all about, but at what price? Ethics have more than one role to play as part of business continuity plan best practice. Not only are they important in order to prevent continuity from being jeopardised, but they are also a crucial part of any response to…
Maximum tolerable outage means what it says – the longest time that an organisation can accept that a given service or facility is out of operation. Many enterprises and institutions go to great lengths to predict and calculate MTO, usually because of what’s at stake. Hospitals for example cannot accept IT outages that disrupt critical…
Ray Bradbury was the author of many works of science fiction and futurism. SF literature owes to him classics such as The Martian Chronicles, Something Wicked This Way Comes and Fahrenheit 451. Although monsters from outer space do not feature in the top ten risks that organisations must face, the title alone of Fahrenheit 451…
Some of the most effective selling in any context is done by systematically applying certain rules. Selling the business case of business continuity is no exception. Finding out what internal decision-makers want and presenting the case for BC so that it demonstrates value in their eyes, while motivating them to accept sooner rather than later,…