Insurance does not cover all costs and cannot replace customers that defect to the competition.
A business continuity plan to continue business is essential.
Primary and dependent resource requirements should also be identified.
This information will be used to develop recovery strategies.
Recovery strategies require resources including people, facilities, equipment, materials and information technology.
An analysis of the resources required to execute recovery strategies should be conducted to identify gaps.Possible alternatives should be explored and presented to management for approval and to decide how much to spend.Depending upon the size of the company and resources available, there may be many recovery strategies that can be explored.This strategy also assumes that the surviving site has the resources and capacity to assume the work of the impacted site.Prioritization of production or service levels, providing additional staff and resources and other action would be needed if capacity at the second site is inadequate.Resources include: Since all resources cannot be replaced immediately following a loss, managers should estimate the resources that will be needed in the hours, days and weeks following an incident.The worksheets Operational and Financial Impacts and Business Continuity Resource Requirements should be distributed to business process managers along with instructions about the process and how the information will be used.Therefore, recovery strategies for information technology should be developed so technology can be restored in time to meet the needs of the business.Manual workarounds should be part of the IT plan so business can continue while computer systems are being restored.After all managers have completed their worksheets, information should be reviewed. Meetings with individual managers should be held to clarify information and obtain missing information.After all worksheets have been completed and validated, the priorities for restoration of business processes should be identified.