1948 years ago in AD 63 an earthquake in southern Italy by the gulf of Naples seriously damaged the ancient city of Pompeii causing an undetermined number of deaths and spread out destruction, but the locals went to work rebuilding in the same spot until they were buried by the eruption of the Vesuvius volcano 16 years later in AD 79.
Galveston TX Hurricanes
Average Brushed or hit every 2.94 years Average Direct hit every 8.63 years
The Great Storm of 1900 - Sep 8th 1900 - Pop: 42,000 residents Category 4 @ 135 mph -Great loss of life between 6,000 and 12,000 individuals – officially 8,000
The 1915 Storm, August 17th, Category 4 @ 135 mph 42 people dead in the Galveston area
$60 - 1915 million dollars in damage
Ike Sep 13th 2008 - The third most destructive hurricane to ever make landfall in the United States Final landfall in Galveston Texas as a strong cat 2 with cat 5 equivalent storm surge winds extended 120 miles from the center.
Blamed for at least 195 deaths – 74 in Haiti and 112 in the USA 300 still missing. - Damages estimated at 24 billion (2008) US Dollars
Resulted in the largest evacuation in the state of Texas history and the largest search and rescue operation in US history
Chernobyl, An Experiment Gone Wrong
On Saturday, April 26th, 1986 at 1:23 am, one of the reactors at the Chernobyl nuclear power plant exploded. Ironically, the experiment consisted in testing how the power plant would respond in the event of an accident. The operators at the plant wanted to bring down the power output of the reactor to 25%, but over-confidence, poor training and poor knowledge of how a reactor works caused them to overdo it, and they ended up bringing down the power output to 1%. When they then tried to bring it up to 25%, the reactor overheated and exploded causing the worst nuclear accident in history.
Business Continuity: Good Reasons to Maintain Your Business Continuity & Disaster Recovery Strategy
Posted on Sunday, December 21 @ 15:30:21 PST by editor
Most businesses have long struggled to protect their organizations. This struggle is even more difficult in today’s economic environment. After downsizing or mass lay-offs, many companies Business Continuity Plans (BCP) have been adversely affected, leaving them exposed and inadequately protected in the event of unforeseen adversity.
With this increased exposure, vulnerability, continuing threats and current volatile conditions make it even more imperative for organizations to maintain an effective up-to-date strategy, heightened availability and a state of readiness.
An effective business continuity and disaster recovery strategy are essential to the success of any business and may be the difference between failure and being able to maintain critical functions, recovering and continue operations after a disaster event.
Regardless of your current condition:
• Your customers trust that your products and services will be available uninterrupted in emergency situations
• Employees trust employers to safeguard and protect them and their livelihoods
• Business partners trust that their products and services will be delivered regardless of the circumstances
• Investors trust that their investment will continue to grow in adverse environments
• Your business/industry may have legal, regulatory and contractual requirements to comply with
There is much confusion and misunderstanding among business managers regarding the implementation and maintenance of an effective business continuity and disaster recovery strategy, what is encompassed and necessary to maintain it up to date.
Buying business insurance will help protect the investment and cover some of the losses after a disaster, but will not help recover business operation if a recovery strategy has not been developed and implemented in advance. Furthermore, you may not be able to buy insurance unless you are able to demonstrate that you have a recovery strategy in place.
BCP is not a profit making endeavor in a sense that you will see a return on investment (ROI). Nevertheless, it should be considered a cost of doing business. Indeed, developing and implementing a strategy can result in cost savings and cost avoidance. The cost of not having a strategy in place exponentially exceeds the cost of creating one.
Following are some of the benefits:
• Mitigation of risk and/or potential injury to your people, and damages to facilities, systems, and processes.
• Reduction of the likelihood that a disaster event will impair, or halt the intended functioning of the business.
• Readiness of alternate means for the business to continue functioning at acceptable levels in emergency situations.
• Ability to continue the delivery of products and services during periods of disruption.
• Correction of problems and bottlenecks normally identified in the BCP process, thus streamlining your operation, reducing the risk and potential threats to your business.
• Trained personnel knowing what their roll is and what to do in the event of a disaster.
• Enabling the business to restore operations in a pre-established timely manner, after being affected by a disaster.
Once you have established a BCP strategy your company will enjoy ancillary benefits like:
• A sense of readiness employees, the board of directors and investors will derive from knowing the organization is prepared to face the unexpected.
• The use of an effective marketing promotion with emphasis on the protection of your customer’s investments.
• The assurance of the continuity and availability of your products and services to your customers, no matter what.
• Potential new customers - especially if your competitors are not able to continue providing their products and services during a disaster event.
• Minimal disruption of your business in a disaster situation.
The process of creating an integrated workable business continuity process and recovery strategy is not about finding the means of minimizing the cost but, developing the capability for the business to survive in adverse environments and comply with internal/external audit and regulator requirements.
If you are committed to staying in business for the long run, developing a BCP strategy makes business sense!