Although we might have a baseline understanding and systems in place to handle a disaster, the reality is that most businesses will experience significant downtime as a result of an unplanned disruption. Three in four companies worldwide have inadequate disaster recovery plans according to the Disaster Recovery Preparedness Council’s 2014 Annual Report. In the majority of cases, this is simply because companies do not have the time or resources to sufficiently safeguard all areas of their business. In order to secure your business, let’s take a look at some of the best ways to close the most typical gaps in disaster recovery preparedness.
Start with the Disaster Recovery Plan
Every company needs to have an effective disaster recovery plan documented. Many organizations may have started to write a plan, but it’s not comprehensive or possibly not entirely effective in the event of the worst-case scenario. Evaluate where your company is with its planning, and commit to making an improved plan as soon as possible.
Got the Plan, Now You Need to Test It
A quarter of organizations never test their disaster recovery plans even if they have one written down, according to the Disaster Recovery Preparedness Council’s report. Don’t let your organization add to this statistic. Schedule regular tests of your disaster recovery plan so that you can enhance it based on the issues you uncover during the test.
Budget and Staff for Disaster Recovery Preparedness
Underfunding of disaster recovery plans is commonplace for two-thirds of companies, while several report they don’t even have a budget not to mention the staff with the expertise to handle a comprehensive disaster recovery plan. Investment in disaster recovery planning is money well spent when you compare the relative planning cost with the savings you can realize by avoiding losses of more than $50,000 to more than $5 million (real-life examples reported by 20% of the survey respondents) after an unplanned disruption. In fact, one hour of downtime for the average company is $164K.
The Experienced Partner You Need
When you are trying to juggle disaster preparedness along with your core responsibilities, it’s a relief to find a partner with the expertise and tools to streamline your disaster recovery efforts. When you’re ready to set your organization apart from the competition and actually have robust disaster recovery plans and tools in place, give us a call at 877-833-7763 or contact us online to learn about all that we can do for you.
How would you rate your organization’s disaster recovery preparedness?