Business Continuity Tip of the Month

Time is money

A truism if ever there was one. In particular, downtime costs. And the costs are not necessarily purely financial. The cost to your reputation could be equally damaging – in some cases even more so.

But how much does downtime actually cost, and how much should we therefore be investing in risk mitigation measures and contingency arrangements?

A business impact analysis will provide the answers to the question "how much do we stand to lose?". In addition it will identify critical resources and recovery/continuity requirements over time. As a result, you’ll be in a position to make informed decisions on how much you should invest in solutions, and develop an appropriate business continuity strategy for your business, rather than taking the "finger in the air" approach.



Did you know that Acumen’s Consultancy Director, Andy Osborne, publishes an expert tip each month for people with an interest in developing a business continuity capability?

Why not subscribe now and have Andy’s ‘Tip of the Month’ delivered to your inbox.

Andy also writes the occasional blog, which is somewhat more light-hearted, but with a serious business continuity message. Subscribe to ‘Oz’s Blog’ instead and receive an email notification when Andy posts a blog, in addition to the Tip of the Month emails.


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