Time Matters in Disaster Recovery

Disaster Recovery, a topic many of us have heard of, yet few wish to think about. Management execs and business owners alike would agree that this investment in time and resources may or may not pay off. It is a gamble on a gamble at best. Why plan for the improbable?

It is reported that even in this post Katrina era, fewer than 50% of businesses today have a Disaster Recovery Plan and of those that do, less than half have tested their plan. In today’s challenging economic climate why put forth the effort in time and resources to prepare for something unlikely to happen to you or your business? Time is money.

A recent Gartner Group study found that 70% of companies that suffer a major disaster, without a valid recovery plan in place, fail within the next year and only 10% who survive make a full recovery. Companies without a plan have slower recovery times that are more costly resulting in lost customers, revenue and shareholder confidence.

Experts agree that businesses hit by disaster are stunned into reality as seconds turn to minutes and minutes to hours as they find themselves unprepared to deal with a disastrous event in the workplace. At the end of the day, you may never need it – yet, the evidence is clear that having a Disaster Recovery Plan in place will assist your business to:

1. Save lives & minimize property damage
2. Contact EMS vendors to assist with immediate recovery & restoration efforts
3. Quickly resume mission-critical functions and minimize business interruption
4. Restore service and customer confidence
5. Minimize overall financial impact

Now is the time to plan for disaster – this is not only prudent business decision but can make the difference in surviving the’ unthinkable’. Having a viable Disaster Recovery plan is an absolute must in the world of business today.




Filed under Disaster Recovery · Tagged with Disaster Planning, Disaster Recovery, Emergency Response