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for the job
Selecting the right
risk tool for the right
application is important
to ensure defensible
risk practice.
What doesn't break you makes you stronger.
Uncertainty is part of business, we tend not to focus on it as it is not a priority in day to day operations. The age old challenge of proactive versus reactive, the answer tends to reside with whatever is more important at the time. Planning for success is about understanding failure and its relationship to success. Having the right control, and treatment solutions in place in times of uncertainty only makes you stronger as a business. But what controls are in place and to what depth do you go?
Continuity planning is part of good risk management.
Continuity planning and associated methodology must be scalable for a business of any size and complexity. It must be realistic and functional, it should identify and prioritize real risks to the business and not perceived, in order to maximize resource allocation. It is holistic in nature and comprises many elements which collectively define the approach to dealing with a break in continuity of operations. It should prescribe the steps an organization needs to take to recover lost operational function.
Planning is done best before, not during, and certainly not after.
A continuity plan at a minimum needs to list essential operational requirements, identifying risks and assessing the impact they would have on your operations, and a strategy to respond to, manage, and recover from an event. How quick you wish to be back in business depends on how much planning you do now.
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