In conclusion to this video series, Andre Gold discusses the importance of communication to avoid business continuity and disaster recovery planning problems, and defines the core elements needed for a successful BCP and DR efforts. The text transcript of Gold's comments is included below.
Read the full transcript from this video below:
Core elements to prevent business continuity, disaster recovery problems
Andre Gold: Now, the last "gotcha" that we will discuss today is what I call the triple whammy. It reflects a lack of cash, a lack of executive support, and a lack of effective communication planning.
First and foremost, if you don't have cash, it's going to be real hard to actually go out there and identify a location, invest in technology, and really fund all the aspects of aspects of BCP and DR.
Second of all, if you don't have the support of you executive team, how are you going to really understand what's the most critical business processes that's associated with your firm?
And then third, once again, is communication, communication, communication. You actually have to have a very detailed instruction plan and be able to know what to do in the event that a disaster actually occurs.
Now, at the end of the day, if you address those core elements that we talked about and you really have focused on identifying the firm's key business processes and you have a great and established communication plan, and everything else, at the end of the day you will have this nice, little disaster recovery and business continuity plan that will walk you through step-by-step who to call and what actions to take in the event that disaster actually does occur.
With that, that caps off the video cast of the fundamentals of BCP and DR. Once again, my name is Andre Gold and I thank you for your time today. Take care.
Business Continuity and Disaster Recovery Video Series table of contents:
Disaster recovery and business continuity planning basics
Availability, business continuity and disaster recovery
Defining internal risk management policies
Elements of disaster recovery and business continuity planning
Disaster recovery and business continuity planning
Preventing business continuity, disaster recovery problems