Where is your Disaster Recovery Plan?
I wasn't expecting that to happen

Where is your Disaster Recovery Plan?

I wrote an article recently entitled ‘A Story About Business Risk’.

This article highlighted the need for all business leaders to be aware of the risks to their business and ideally have a plan to mitigate those risks.

I was trying to draw people's attention to the wider less tangible risks rather than the more tangible risks like Cyber attacks or the Internet going down.

Then lo and behold some days later a bug in a software update issued by a cyber security provider (Crowdstrike) brought down systems in Banks, Airlines, Doctor's surgeries etc. and caused worldwide disruption.

It is virtually impossible, however much testing is done, to replicate every individual computer user's (often unique) environments so bugs do occasionally get through and impact a few users - but this wasn't a few users it was many, many thousands. Some suffered a significant impact to their businesses, some were able to get their systems back up and running within a few hours.

Some airlines were handwriting boarding passes - they had a disaster recovery (DR) plan in place!

So this brings me back to Business Risk and Risk Management.

A lot of business leaders pay lip services to so-called Disaster Recovery (DR) plans - what the business will do in the event of a major problem, for example, computer or Telecoms systems being unavailable. Because they think their suppliers will have systems in place to protect their data and their access to that data and their systems.

As we have moved away from having computer systems on-site (on-premise) and migrated to the Cloud (remote servers) we have put a greater reliance on our suppliers to protect our systems and data than ever before. In the past we would take regular copies (back-ups) of our data and store them somewhere safe so that we could restore our systems in the event of a system failure. Now we expect someone else to do that with replicated servers interconnected over the internet co-located in different places - perhaps even different countries.

But as we have seen from this example when the large suppliers sneeze we get a very bad cold - and we get it without warning.

I am not advocating that everyone goes out and buys a glut of extra computer or telecoms equipment to mitigate such challenges. What I am suggesting is that you know what you will do if (when) such a challenge occurs.?

This is a wake-up call to those business leaders who pay lip service to their Disaster Recovery Plans. Give somebody senior responsibility for owning and testing these plans occasionally? - you never know when you will actually need to implement these plans.

Everyone thinks they have got a plan until they get punched in the face!

Get your DR plans on your Risk Register and review them regularly - otherwise rather than paying lip service to your DR plans you may end up with a very, very fat lip and not even be able to eat humble pie!

At Pabasso - Peer Advisory Board Associates we are focused on helping leaders of established businesses progress through shared experience, expertise and support.

We are always looking for leaders of established businesses, currently only in the Yorkshire region, who are keen to benefit from the experience and expertise of other business leaders, as well as experienced business leaders to join us and Chair more Pabasso boards. Interested? Why not drop us a note or give us a call to find out more?


Peter S.

Investor, Chairman, Non Executive Director and Senior Advisor

7 个月

Thanks for sharing - in particular people need to think about their cyber incident response plan within this broader topic...

回复

要查看或添加评论,请登录

Richard Doyle的更多文章

  • The 10 biggest concerns for an MD or CEO of an SME in 2025

    The 10 biggest concerns for an MD or CEO of an SME in 2025

    Now that we are well into 2025, we thought it might be useful to conduct some research into the 10 biggest concerns for…

    5 条评论
  • The Dreaded Annual Budgeting Cycle!

    The Dreaded Annual Budgeting Cycle!

    At one of our recent Pabasso peer-to-peer meetings, the group of MDs & CEOs decided they would like to have a round…

  • A Story About Business Risk

    A Story About Business Risk

    So once upon a time when I was a young man I worked for a very successful business, flash offices, helicopter, flagpole…

    3 条评论
  • A Degree of Skill, a Degree or a Degree with Skills?

    A Degree of Skill, a Degree or a Degree with Skills?

    LinkedIn recently published its Future of Recruiting Report 2023 which, amongst other interesting insights, observes…

  • What if I train them and they leave?

    What if I train them and they leave?

    What if I train them and they leave? The new Manager asked his experienced CEO. What if we don’t train them and they…

    2 条评论
  • Post-Pandemic Recruitment, Retention and 121's

    Post-Pandemic Recruitment, Retention and 121's

    As we start to return to some sense of business normality and confidence returns, recruitment is back on the agenda -…

    8 条评论
  • You Don't Need to be Perfect to Lead a Great Business

    You Don't Need to be Perfect to Lead a Great Business

    Don’t let perfection be the enemy of productivity I recently read an interesting article from the Harvard Business…

  • Can You Define Leadership?

    Can You Define Leadership?

    At Pabasso we facilitate peer advisory boards made up of open-minded ambitious business leaders who recognise the value…

  • Are you getting enough - Referrals?

    Are you getting enough - Referrals?

    I downloaded a ‘Playbook” recently on the subject of referrals which I was reminded to revisit following a conversation…

    2 条评论
  • Will a Non-Executive Director (NED) help me grow my business?

    Will a Non-Executive Director (NED) help me grow my business?

    As an experienced Non-Executive Director (NED) I regularly get asked if a NED will help my business and, are we ready…

社区洞察

其他会员也浏览了