A common corporate credo nowadays is: ‘make only what you cannot buy’. The idea is that if a supplier is already making an affordable, quality component or product, there is no sense in re-inventing the wheel. The company would be better off using its internal resources to develop more strategic advantages related to its core…
Vendors supplying you with components or services for your infrastructure need to feel confident about working with your organisation. That way they’ll be motivated to give off their best. It could be argued that stressing a vendor with unannounced tests might have a negative impact on their relationship with you. After all, they have a…
‘I keep it all in my head’. Or ‘How likely is it that an event occurs that stops my business from operating?’ These are frequently the reactions of small business owners to the idea they should pay more attention to business continuity and disaster recovery. While business continuity often occupies an increasingly large part of…
Numbers can be useful, but they don’t always tell you everything. Just like business forecasts and other models, it’s wise to include both quantitative and qualitative evaluations of your business efficiency. While quantitative measurements are designed to give hard numbers, qualitative tools can help fill in the gaps where other data are lacking. Qualitative tools…
Business continuity is a matter of staying competitive as well as operational. With much of current business revolving around computers, that means ensuring that IT resources are effective and efficient. However, the fastest processors and the most recent versions of software do not automatically confer competitive advantage on the companies using them. Indeed, the standard…
How do you view Business Continuity? Is it all about avoiding business outages for a given speed of business, or should it also contribute to increasing that speed? After all, if business continuity is designed to move an enterprise away from slowdowns, then logically it should be moving the enterprise towards picking up the pace…