We’ve all seen this statistic before. According to FEMA, 40% of small businesses never reopen after a disaster, and another 25%, that do reopen, fail within a year. And with the rise in the number of catastrophic events – data breaches, natural disasters, healthcare crises, etc. – these incidents can spell doom for any organization.
Writing for the Forbes Technology Council, Matt Kunkel, CEO of LogicGate, outlines the development of a five-step business continuity plan to limit the impact of disastrous events. His review includes the creation of a checklist, establishing the right team, identifying critical business areas, bringing the pieces together, and finally, testing/reviewing/testing (then repeat).
Read his full program here.