Remove Outage Remove Scenario Planning Remove Travel
article thumbnail

Business Continuity vs. Disaster Recovery: What’s the Difference?

Pure Storage

When a hurricane leads to widespread power outages, flooding, and workforce disruption, for example, an effective disaster recovery plan ensures that IT systems remain up and running and that operations can come back online as soon as possible. The primary objective is a rapid return to normalcy while minimizing losses.

article thumbnail

Business Continuity vs. Disaster Recovery: What’s the Difference?

Pure Storage

When a regional storm makes travel difficult and causes short-term power outages, for example, an effective business continuity plan will have already laid out the potential impact, measures to mitigate associated problems, and a strategy for communicating with employees, vendors, customers, and other stakeholders.

article thumbnail

Dynamic Risks: Working Definitions and Implications for Risk Management Teams

On Solve

As our OnSolve leadership team reflects on 2020 and 2021, we note a trend in our conversations with Business Continuity (BC), Enterprise Risk Management (ERM), Physical Security (PS), Travel Risk Management (TRM) and Supply Chain Risk Management (SCRM) leaders. Travel Risk Management. Implications for Dynamic Risks. Physical Security.