Essay On Business Continuity Plan - 1474 Words

because they previously modified their business continuity plan by building â€Å"active/active† disaster recovery site in Rochelle Park, NJ after the first attack on the World Trade Center in 1993 (Parlons Affaires, 2012). In short, this stream calls attention to the potential usefulness of continuity planning in transforming previous experience of tragedy into effective responses to future tragedy. A third stream of literature on terrorism and international business has begun to explore the sources of resilience to attack, and the strategic advantages of developing such resilience. Generally, resilience is a two-phase â€Å"concept of change† (Werther, 2014, p. 428). The first phase of resilience addresses the ability to bounce back or rebound†¦show more content†¦For example, Starr et al. (2003) note how a Nordic telecommunications firm weathered a potential deliberating crisis from a factory fire. Based on the disruptive experience the Nordic manufacturer injected more failsafe and troubleshooting systems into their supply chain network than their primary European competitor, resulting in a three percent market share gain (Starr et al., 2003). Similarly, research shows small firms with previous experience coping with uncertainty and violence, profit in highly volatile environments marked by frequent acts of terrorism (Branzei Abdelnour, 2010). Research has explored resilience at multiple levels including individual, system, firm, industry, and country. We show the key factors affecting firm resilience in Table 2. In this paper, we concentrate on testing the impact of learning (Vogus Sutcliffe, 2007) and increased organizational preparedness (Czinkota et al., 2010; Fowler, Kling, Larson, 2007) in response to extreme events (Henry Ramirez-Marquez, 2012). Table 2 Firm Performance Resilience Factors Factor Description Source Slack Resources Financial, Cognitive, Emotional and Relational Vogus Sutcliffe, 2007; Zollo Winter, 2002 Processes and Practices Cognitive, Formal, Informal and Decision Making Learning Direct Experience as well as Deliberate and Vicarious Learning Reliability Of Systems, Functions, Processes and Organizations Henry Ramirez-Marquez, 2012; Vogus Sutcliffe, 2007Show MoreRelatedBusiness Continuity Plan Essay650 Words   |  3 Pagesdecided to develop a business continuity plan (BCP) with the full support of management. Instructions: DLIS business continuity plan will come into effect as soon as all elements meet specific guide lines and have been tested. Scope: DLIS will build and maintain a business continuity plan to insure operations will continue in the event of a single point of failure. Objective: DLIS has a warm site located 50 miles from the head quarter office ready to conduct business with a fully mirroredRead MoreBusiness Continuity Plan Essay3315 Words   |  14 Pageshttp://www.cse.scu.edu/~jholliday/COEN150sp03/projects/Forensic%20Investiga tion.pdf Garfinkel, S. (2010). Digital forensics research: The next 10 years. Digital Investigation, 7. 64-73. Gast, T. (2010). Forensic data handling. The Business Forum. Retrieved from http://www.bizforum.org/whitepapers/cybertrust-1.htm Humaid, H., Yousif, A. Said, H. (2011, December). Smart phones forensics and social networks. IEEE Multidisciplinary Engineering Education Magazine, 6(4). 7-14Read MoreSample Business Continuity Plan Essay3103 Words   |  13 Pagesï » ¿ MD Health Business Continuity Plan Table of Contents MD Health Business Continuity Plan The purpose of the Business Continuity Plan is to provide a series of defined procedures and protocols to protect MD-Health; to minimize or contain the extent of damage to University facilities and property; to allow communication systems to function in spite of suspension of normal operating conditions; and by and large, to enableRead MoreThe Importance Of A Business Continuity And Disaster Recovery Plan For Information Systems Essay1326 Words   |  6 PagesThere is need to ensure that there is continuity of information and adequate recovery of the same in business continuity planning and disaster recovery processes. Individuals and firms therefore have to improve their incident response capability in light of increasing attacks that are cyber security related. These attacks have become diverse and more disruptive while causing greater damage. The number of security related incidents cannot be completely reduced, but the incident response capabilityRead MoreSec 340 Final Exam Essa ys1879 Words   |  8 Pagesfor Grade button, you will NOT be able to edit or change any of your answers 7. Exam Questions †¢ There are 15 randomly selected multiple-choice questions each worth five points, for a total of 75 points. †¢ There are six randomly selected essay questions each worth 20 points, for a total of 120 points. †¢ There are five randomly selected short answer questions each worth 11 points, for a total of 55 points. †¢ The Final Exam covers all course TCOs and Weeks 1-7 †¢ The Final Exam consistsRead MoreBusiness Impact Analysis1106 Words   |  5 PagesAbstract The purpose of this essay paper is to elaborate on the Business Impact Analysis (BIA), which is designed to assist management in determining which functions are critical to the continued operation of the organization. The organization that Team A selected is the City of Hollister Police Department. Team member Don Magnuson is currently a sworn Police Officer for the department and executes his duties with the dedication to protect and serve the communities in which he patrols. Team ARead MoreThe Roles of Management in an Organization1401 Words   |  6 Pagesability of managers to plan, organize, direct and control. The aim of this essay is to examine to what extent the above statement is an accurate appraisal of successful management? To illustrate the arguments put forward this essay will refer to the case study The launch of the centaur taken from Paton et al text Organizations, Cases, Issues and Concepts. The case study reports on the problems that occurred when Centaur replaced Paravel car manufacturers. This essay will include a studyRead MoreInformation Systems And Technology On Business1393 Words   |  6 PagesInformation systems and technology have played a role in the process of commerce, through create infrastructure which depends on workers and physical equipment. Information Technology (IT) is essential to build business environments, there are complex infrastructural requirements face global business strategies. Laudon, K.C and Laudon, J. P. (2013) mention that these should provide by institutions or organizations such as computer hardware, computer software, data management technology, networking andRead MoreThe Effects of a Business Continuity Plan on Information Systems3846 Words   |  16 PagesThe Effects of a Business Continuity Plan on Information Systems Ronald E. Stamm Jr. ISYS 204 Professor Choi October 6th, 2011 Abstract Since the dawn of the new millennium, as more and more companies are becoming more technologically savvy, they have been coming to the realization that there is a need to protect that data somehow. These companies seek out IT professionals who help them create Business Continuity Plans. These Business Continuity Plans help companies better safeguard andRead MoreWhy Do Businesses Fail?1154 Words   |  5 PagesBusinesses Fail? A common reason for business setbacks or even failure is market competition. A rise in a competitor’s market share is often synonymous with a loss for others. Such downturns occur for two main reasons. First, a new competitor with creative products, financial support and dynamic employees has a competitive advantage over others. Second, more established companies do nothing to change their strategies in response to the new competition. This essay will examine four examples of companies