Crash and burn or crash with a plan

By Staff -- Modern Materials Handling, 1/1/2000

Where would you be if your company's entire computer system crashed today? The increased reliance upon technology makes businesses, as well as an entire supply chain, much more susceptible to risk. However, major catastrophe can be avoided, or at least minimized with planning-business contingency planning (BCP). Richard Luongo of PriceWaterhouseCoopers suggests five steps in building an effective BCP: analyze your risks, look at recovery alternatives, create the plan, practice the plan, and then maintain and update the plan. According to Luongo, a robust BCP can help respond to disaster, or avoid one altogether.

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