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Regardless of the actual figure, time really is money, so organizations must be proactive in setting themselves up for successful recovery in the event of a disaster. CASE STUDY: IMPROVING DISASTERRECOVERY. What is DisasterRecovery? How to Create a DisasterRecovery Plan.
Below are five reasons why business leaders should prepare: Quickly respond and adjust to a disaster or disruption with strategies that allow you to shift and pivot your business for a more expedient recovery. Obtain better insurance rates and coverage for instant Return on Investment (RIO).
Section 1: The Scope of Business Continuity Myth 1: Business Continuity is Only About IT DisasterRecovery or DR. Contrary to popular belief, business continuity extends far beyond IT recovery. You can also seek out new clients that require vendors or suppliers to have business continuity and disasterrecovery plans in place.
Now Is NOT the Time to Cut Back on BC/DR Business continuity/disasterrecovery (BC/DR) shows up on a company’s balance sheet as an expense. However, the biggest cost to a business may not be the check it writes for the time spent planning its recovery and the software platforms that help. BC/DR is no different.
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