http://itknowledgeexchange.techtarget.com/total-cio/how-do-you-sell-the-value-of-business-continuity-move-to-the-uk/ A SearchCIO.com blog Sat, 11 May 2013 17:51:37 +0000 hourly 1 http://itknowledgeexchange.techtarget.com/total-cio/how-do-you-sell-the-value-of-business-continuity-move-to-the-uk/#comment-556 KJF Mon, 07 Jun 2010 06:06:51 +0000 http://itknowledgeexchange.techtarget.com/total-cio/?p=1139#comment-556 Governance and good business sense says that organisations must protect their owners (shareholders and taxpayers), customers, partners and personnel from high impact, low likelihood incidents. Thus insurance, prevention, early detection, and recovery control strategies are all required (not just recovery alone) to provide Business Continuity. Recovery strategies must be based on the business’ understanding of the impact of a major outage – both the tangible cash flow impact and the intangible “brand” damage. Usually the latter dominates the impacts. The impact statement will determine what investment can be justified. The days of the boardroom pioneer spirit are over thank goodness to be replaced by responsibility and accountability. Cars have spare wheels, businesses need appropriate plans and infrastructures for recovery.

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