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As such, a business continuity plan is a comprehensive organizational strategy that includes the DRP as well as threat prevention, detection, recovery, and resumption of operations should a data breach or other disaster event occur. Therefore, BCP consists of five component plans: [8] Business resumption plan; Occupant emergency plan
Business continuity planning life cycle. Business continuity may be defined as "the capability of an organization to continue the delivery of products or services at pre-defined acceptable levels following a disruptive incident", [1] and business continuity planning [2] [3] (or business continuity and resiliency planning) is the process of creating systems of prevention and recovery to deal ...
The disaster recovery strategy derives from the business continuity plan. [27] Metrics for business processes are then mapped to systems and infrastructure. [28] A cost-benefit analysis highlights which disaster recovery measures are appropriate. Different strategies make sense based on the cost of downtime compared to the cost of implementing ...
A backup site (also work area recovery site [1] or just recovery site) is a location where an organization can relocate following a disaster, such as fire, flood, terrorist threat, or other disruptive event. This is an integral part of the disaster recovery plan and wider business continuity planning of an organization. [2]
The case may also be, that though a recovery plan is technically feasible, it might not be politically executable. The implication of the new strategy (6) occurs in the following sixth stage. It is a necessary determinant of organizational success and has to be a fundamental element of a valid turnaround model.
Intel's announcement of a $10 billion cost reduction program, including a plan to cut 15% of its workforce, didn't reassure investors -- and when it was announced in August, the stock sank 26% in ...