You probably worked hard to ensure disaster preparedness for your business, but what about recovery? Do you know where to go for wall crack repair (also known as ซ่อมรอยร้าวผนัง), rehabilitation after water or fire damage, or equipment repair? You set up disaster-proofing strategies and critical loss mitigation. If you’re missing a recovery plan, however, your company is not fully protected.
What does it mean to have a disaster recovery plan?
A disaster recovery plan is one of the best ways to protect your business from any eventualities, especially crippling disasters.
- It lists down all standard instructions and operating procedures following a disruptive event, such as natural disasters and cyber-attacks.
- It must include recovery strategies from a different range of incidents, timeline and timeframes to recover business functions and restore operations, a checklist to ensure all actions have been properly carried out, and a list of key resources and personnel, complete with the description of their functions.
What type of disasters requires a recovery plan?
- Natural disasters such as fires, earthquakes, and severe storms.
- Technology-based disasters include cyberattacks, power outages, network failures, and data breaches.
- Accidents, acts of violence, and other security incidents.
- Public health emergencies such as spills of hazardous materials, infectious diseases, and bioterrorist attacks.
How do you develop a disaster recovery plan?
Understand threats and recovery needs
The first step to developing a plan is to know exactly what you’re up against and the appropriate solutions for each one.
- Make a list of disasters that your business is likely to encounter, from equipment damage to cyber-attack.
- For each incident on your list, write down all possible solutions and the resources necessary to carry them out.
- Designate a business recovery team, which includes both internal staff and external team or third parties, who can help manage and speed up business recovery.
Review your insurance coverage
As if the cost of doing business isn’t high already, you could end up spending more after a disaster hits your business without proper insurance.
- Review your policy annually to ensure that your business is covered for existing and newer risks. The business landscape is constantly changing, and there might be new threats your insurance policy excludes.
- Make sure you have suitable coverage for threats that you know are most likely to happen. If your office sits in a flood-prone area, for example, you should have more than just standard coverage for flood damage.
Conduct a resource audit
Following a disaster, you need to identify areas of priority to quickly restore operations. This will guide your team on what to do first.
- Make a list of all resources that your business operations need and list them according to priority. Any equipment crucial to your daily operations should be on top of the list.
- Identify which systems to prioritise following a disaster. If you run an e-commerce website, for example, the priority should be to restore the website 30 minutes after it goes offline.
It’s important to note that recovery doesn’t happen overnight, and your course of action should vary according to specific stages of recovery. This is why you should work with experts when developing your business recovery plan. Belfor, a provider of disaster recovery services, can help you create the best strategies for recovery and rehabilitation.
