Friday, December 20, 2019
Essay On Business Continuity Plan - 1474 Words
because they previously modified their business continuity plan by building ââ¬Å"active/activeâ⬠disaster recovery site in Rochelle Park, NJ after the first attack on the World Trade Center in 1993 (Parlons Affaires, 2012). In short, this stream calls attention to the potential usefulness of continuity planning in transforming previous experience of tragedy into effective responses to future tragedy. A third stream of literature on terrorism and international business has begun to explore the sources of resilience to attack, and the strategic advantages of developing such resilience. Generally, resilience is a two-phase ââ¬Å"concept of changeâ⬠(Werther, 2014, p. 428). The first phase of resilience addresses the ability to bounce back or reboundâ⬠¦show more contentâ⬠¦For example, Starr et al. (2003) note how a Nordic telecommunications firm weathered a potential deliberating crisis from a factory fire. Based on the disruptive experience the Nordic manufacturer injected more failsafe and troubleshooting systems into their supply chain network than their primary European competitor, resulting in a three percent market share gain (Starr et al., 2003). Similarly, research shows small firms with previous experience coping with uncertainty and violence, profit in highly volatile environments marked by frequent acts of terrorism (Branzei Abdelnour, 2010). Research has explored resilience at multiple levels including individual, system, firm, industry, and country. We show the key factors affecting firm resilience in Table 2. In this paper, we concentrate on testing the impact of learning (Vogus Sutcliffe, 2007) and increased organizational preparedness (Czinkota et al., 2010; Fowler, Kling, Larson, 2007) in response to extreme events (Henry Ramirez-Marquez, 2012). Table 2 Firm Performance Resilience Factors Factor Description Source Slack Resources Financial, Cognitive, Emotional and Relational Vogus Sutcliffe, 2007; Zollo Winter, 2002 Processes and Practices Cognitive, Formal, Informal and Decision Making Learning Direct Experience as well as Deliberate and Vicarious Learning Reliability Of Systems, Functions, Processes and Organizations Henry Ramirez-Marquez, 2012; Vogus Sutcliffe, 2007Show MoreRelatedBusiness Continuity Plan Essay650 Words à |à 3 Pagesdecided to develop a business continuity plan (BCP) with the full support of management. Instructions: DLIS business continuity plan will come into effect as soon as all elements meet specific guide lines and have been tested. Scope: DLIS will build and maintain a business continuity plan to insure operations will continue in the event of a single point of failure. Objective: DLIS has a warm site located 50 miles from the head quarter office ready to conduct business with a fully mirroredRead MoreBusiness Continuity Plan Essay3315 Words à |à 14 Pageshttp://www.cse.scu.edu/~jholliday/COEN150sp03/projects/Forensic%20Investiga tion.pdf Garfinkel, S. (2010). Digital forensics research: The next 10 years. Digital Investigation, 7. 64-73. Gast, T. (2010). Forensic data handling. The Business Forum. Retrieved from http://www.bizforum.org/whitepapers/cybertrust-1.htm Humaid, H., Yousif, A. Said, H. (2011, December). Smart phones forensics and social networks. 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Such downturns occur for two main reasons. First, a new competitor with creative products, financial support and dynamic employees has a competitive advantage over others. Second, more established companies do nothing to change their strategies in response to the new competition. This essay will examine four examples of companies
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