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Unlocking the Truth: Navigating 20 Myths About Business Continuity

Erwood Group

Far from being a mere cost center, business continuity is a strategic investment. Local disruptions, such as power outages or supply chain issues, can have a significant impact, emphasizing the need for preparedness at every level. Strategic technology investments enhance resilience without breaking the budget.

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All About BIAs: A Guide to MHA Consulting’s Best BIA Resources

MHA Consulting

It helps them prioritize which of their processes and systems they should protect the most and restore the fastest in order to minimize the impact of an outage on the organization. Comparing the value of different business processes and departments is like comparing apples to oranges (also, pears, grapes, pineapples, and bananas).

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Dynamic Risks: Working Definitions and Implications for Risk Management Teams

On Solve

But nearly a full day after the tornado, power outages and gas leaks were causing new evacuations , and the staff shortage continued into the following week.”. Strategically, plan for new types of risks. Strategically analyze how recent disruptions have changed in the moment or enabled other disruptions. should not be assumed.

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Protecting Your Business From Interruption: The Value of Business Continuity Management

Castellan

To better understand the basic building blocks of business continuity management and how each generates business value, here are the five key tasks that make up a solid business continuity management program and the strategic benefits they provide: 1.

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BCM Basics: Business Continuity vs. Business Resilience 

MHA Consulting

It focused on identifying the most critical business processes and developing plans to keep those processes going or quickly restore them in the event of an outage. Other components include risk management, crisis management, operational resilience, supply chain resilience, and financial resilience, among others.

BCM 95
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The Future of Business Continuity: Innovations and Emerging Technologies

Erwood Group

Let’s explore the transformative role of innovations and emerging technologies in shaping the future of business continuity, along with crisis management and disaster recovery to enhance organizational resilience.

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Five Key Takeaways from the 2021 Business Continuity Event Impact Management Report

Castellan

Rounding out the top 10 most-pressing events organizations are most concerned about: Cyber-attacks: 88% Power outages: 76% Data breaches: 74% Network/communication outages: 58% Pandemic/diseases: 53% Computer viruses: 52% Brand/social media damage: 51% Hurricanes: 47% Fires (not natural) 46% Earthquakes: 40%.