Are Women Leaders Better Than Their Male Counterparts? Lessons from the Pandemic
How Women Leaders Were More Effective Than Their Strongmen Counterparts The Covid 19 Pandemic has taught several lessons. Right from the crisis of neoliberalism to the way in which the leaders of the countries and the businesses provided leadership, the pandemic has made us realize some bitter truths about our leaders. For instance, all the […]
Challenges Faced in Conducting Voice of Customer Exercise
The Voice of Customer may sound like a simple exercise. However it would be safe to say that reading at the literature makes it look deceptively simple. Anyone who has an experience with market research will understand the issues involved. For a Six Sigma project to be successful, the Voice Of Customer must be accurate. […]
Project Control and Engineering Change Control in ERP
Project control module is used for organizing long term projects such as building a ship or power plant. The production environment resembles make to order situation where customer order driven purchasing, production, estimating, engineering, planning and control is done. This module also enables in setting up, analyzing and amending the budget for the project undertaken […]
Comparison of Six Sigma and Total Quality Management
Both Six Sigma and Total Quality Management are effective tools for quality management but a thin line of difference does exist between them. Although the methodologies and procedures involved in both the two appear quite similar but there are certain major differences. Six-Sigma is a relatively newer concept than Total Quality Management but not exactly […]
Role of Derivatives in Causing the Global Financial Crisis
The previous articles in the module have discussed how the global financial crisis has been caused due to a combination of factors starting with the collapse of the housing market in the US and then due to the integration of the global economy rapidly spread to other parts of the world. An aspect that was […]
Drawing up a good Disaster Recovery plan and a Business Continuity plan involves the senior management of the Organization as well as the working staff and managers at various levels. While the management is responsible for giving the importance, focus and credibility to the DR & BC plans as well as providing the resources through budgets, the staff and all functional managers have a major role to play in lending their depth of knowledge, understanding and experience in estimating the risks as well as in drawing up the recovery implementation plan.
A good DR or BC plan should define and enumerate the following:
This section should clearly explain the various scenarios which qualify as a crises or a disaster to initiate DR & BC action plan. Every single event or occurrence in terms of a small fire or a system shutdown due to network failure or power situation need not qualify for a crisis if the impact is limited to a small department or section and can be set right within a short time. Therefore qualifying an event and deciding on whether to go into a crises and disaster recovery mode or not would have to be a decision to be taken by senior management who is able to understand the situation, estimate the impact and judge accordingly in consultation with the functional managers.
The list should also include emergency phone numbers of Fire station, Hospitals, Airport, Police, Ambulance and other such services.
Against each department, the list of all vendors, their contacts and other communication details should be covered in detail.
A good DR or BC plan is one which can be read and auctioned by anyone following the detailed instructions given in the plan. A good plan shows and works towards a high level of readiness in dealing with a crises and provides for effective solutions.
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