Introduction - Disaster Recovery and Business Continuity "Best Practices" (02:05)
Benjamin Franklin believed that everyone needed to prepare to fail. This video features Dave Lockhart and is intended to inform professionals on how to construct effective disaster protocols. This segment orients viewers to the topics that will be covered in this video including typical shortfalls, challenges, future innovations, and advice.
Disaster Recovery and Business Continuity Today (03:53)
93% of firms that lose their data center for 10 days go bankrupt within the year. DRBC planning still is lacking because the IT department is evolving. Lockhart describes challenges in communication between the IT department and executives.
Shortfalls of DRBC Plans (03:55)
Best practices include obtaining sponsorship of the IT department and the other executives and base plans on business process recovery. Key stakeholders need to communicate effectively. CIOs should establish a program management office and conduct interviews with leadership.
Plan Codependency: Disaster Recovery and Business Continuity (06:01)
Biggest disaster concerns include loss of revenue, customer satisfaction, productivity, and sales opportunities. Corporations need to have a cohesive DRBC plan that addresses both aspects. Ideal recovery objectives are one, three, and seven days depending on department.
Getting Started: Disaster Recovery and Business Continuity (04:17)
Create a program, secure executive sponsorship, define business processes, establish recovery targets, and build a strategic roadmap. Corporation must practice plans to ensure nothing has been missed and technology evolves.
Biggest Challenges: Disaster Recovery and Business Continuity (07:07)
Challenges include establishing program, discovering recovery targets, and methodology issues. Lockhart describes problems that occurred while implementing a DRBC project in Singapore. Best practices include thinking about DR and BC holistically, ensuring excellent communication between divisions, and evaluating new world scenarios.
Conclusion - Disaster Recovery and Business Continuity "Best Practices" (04:38)
Current trends include functioning in a global marketplace, incorporating sourcing opportunities, and increasing dependence on the cloud. Business is transitioning into a more mobile and wireless environment.
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