Business continuity planning (BCP) is a strategic process whereby potential threats to an organization are anticipated and contingencies are developed in order to mitigate impact and return essential operations back to normal following a disruption. The primary focus is mitigation, and preparation is key to the continuity of services and providing protection for at-risk assets. More than disaster planning, a proper BCP takes the comprehensive step of getting the company back to business. It is the logical approach of identifying the vulnerability of key functions and critical areas and building an effective systematic response through planning and coordination.
In order for an organization to achieve a successful BCP, there must be
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Senior management will have very broad goals concerning business recovery. It is up to the CSO and the organization staff to develop and implement continuity procedures. For example, in the event buildings are damaged or if power is lost, operations may have to resume at another location. The business used in this scenario, a bio-engineering company, has the advantage of operating from three separate locations in the San Diego area. Part of an actionable plan, could mean moving critical operations to one of the other two facilities. In the event all three sites are shut down, critical operations may be moved offsite at a previously planned and sustainable location. Relocating key critical operations from an industrial plant may not prove entirely feasible, and the mission may rely less on the continuity of production and rather focus solely on protecting and preserving proprietary products. It is up to organization leaders in determining what is at stake for the company through a business impact analysis. The cessation of production until industry operations can be restored might be far more palatable than losing proprietary …show more content…
Consider the convergence of the disciplines making up the company. This will include the traditional resources: security, financial and IT, as well as, engineering. Having three sites is an advantage – use the advantage. Have a plan in place to spread resources, vehicles and production capabilities. It may serve having refrigerated transportation vehicles on stand-by in order to relocate products to an offsite operating on a separate grid. The company could rely on other medical or production organizations as part of a joint operation
Key Resources The key resources that our company will need in order to operate all include products that help make the customized soda concept work. We will need to have a constant supply of co2 water on hand at all times to complete orders. The co2 water will be produced in store so a steady supply of water and c02 will be needed. This will save on cost from having to purchase premade c02 from a third party company. Along with the c02 water another key resource that is needed in the company’s operation is syrup ingredients.
This worst case scenario is a contingency plan that hopefully will never be implemented, but one that occasionally is warranted. Once prepared, the management staff has a clear understanding of their respective mission, assignments and necessary actions, should this contingency plan require exercising. The plan is formulated by first getting consensus from the firm’s strategic planners as to how really bad the business can really get. If the bottom falls out of the economy as predicted, to what level will our gross sales fall?
Further, it is recommended that each location has a virtual domain controller. Each domain controller should be a clone with the main domain controller being placed in Atlanta. The domain controller and all other servers, should be backed up nightly and placed on a
KELSER – ‘Technology forward’, provides a cloud solution for disaster recovery and targets especially small and medium business (SMB’s) which can provide a speedy recovery with lesser hardware dependency. The main advantage of using Kelser products is that it provides scalability for its DR services and can be purchased on ‘a need’ basis. The biggest drawback is that, it does not address all the business units of an organization and hence the DR process cannot be address at an organizational level which leads to lack of ownership in dealing with disaster recovery (KELSER, 2016).
Instructional Plan Engage, Connect, and Launch: Engage: Say, “I know everyone here knows what a square and a rectangle are, but do you know the difference? These are two more 2 dimensional shapes that we’re going to talk about today.” Connect: Say, “Today we’re going to look at squares and rectangles and find out what is different between them because they both look like boxes, right? In fact, I’m sure everyone has received gifts that came in a square and a rectangle shaped box.”
Possible managers may interact with software as well in case possible changes are required. The business units that will be involved with the solution are the accounting department who handle the financial aspects of the project, possible IT department who manage the technology solution and most importantly the managers of Berlasco Court who handle daily operation. Redesigning the following business processes will provide benefits this can be
Business Planning Activity – Notes Only Document (Please answer each question thoroughly and retain a copy of this information for your records) 1. Describe your vision for building your practice at Edward Jones. How do you plan to add value to the clients and communities you will serve? My vision for building my practice at Edward Jones is to provide the best financial service and knowledge to those in my community.
1. The type of business that I envision is a self-contained record production company that produces music for undiscovered and signed talent acts and provide them with artist development music packages to help them gain a recording contract with a major record label. The company will primary function as a recording studio and music publishing company. The business will be in a residential district and will be ideal for bands who want to shut out the world so that they can create their best work. The ideal business transaction for this business would be to enter a production deal with an artist or band and produce their album or create a demo package so that they can shop for a deal with a major label.
1.1 The key features of effective partnership working: • Communication You must have a good level of communication between the different partnerships, it is so easy for miss-communication to happen between the different organisations. Positive communication means that results happen quicker, if there is poor communication then results will reduce or it could mean that outcomes are not met, meaning in the service user becoming dissatisfied with the service they are being provided. A lack of communication can also mean that well-being and diagnosed conditions deteriorating further while waiting for referrals to be made or equipment to be ordered and put into place. • Sharing of knowledge When different partnerships come together to provide an
For this reason, risk management is more important in the financial sector than in any other sectors. This project responding to change by having a person of the next location on site as the present location is performing the project. This allowed a clear view and guidance into the next location for all
Cisco Systems Inc., Implementing ERP Cisco, incorporated in 1984 by 2 Stanford scientists, was fast growing technology company in the nineties; but its internal IT could not adapt very well to its rapid growth. The UNIX based software system that supported its various functions was more suited for a smaller company. This and other events made the adoption of ERP inevitable for Cisco. What factors had made the difference between success and failure of Cisco ERP project?
Another external risk is a lost of a supply chain which is result in late or missed deliveries of inventory. A manufacturer of a product may discontinue making a popular item or cease business operations all together. Target can monitor external market conditions of its manufacturers however they cannot control their cash flows or business operations. Target should analyze and identify the potential consequences to potential risk situations (Popescu, Gherghinescu, & Ionete,
Due to its non-profit nature, the capital costs are shared by the JV partners which reduces the financial burden on the chain. 3. Salick Health Care: It started operation as a focused factory and worked in JV with hospitals. It concentrated on providing outpatient care.
OPERATIONS MANAGEMENT CASE STUDY AMERICAN CONNECTOR COMPANY Submitted to: Professor Jishnu Hazra Submitted by: GROUP 2 (SECTION B) Itee Aggarwal 1411095 Preetam Das 1411117 Siddharth Nayak 1411129 Abhishek Singh 1411072 Ashish Pawar 1411084 Nakul Sehgal 1411106 INTRODUCTION American Connector Corporation (ACC) is a supplier of electrical connectors based out of Sunnyvale, California since 1961. ACC relied on its ability to produce high quality customized products for its users. In USA, 1991 had seen sales fall by 3.9% over the last year and the industry was seeing a decline since 1987. ACC was struggling with increasing costs and deteriorating quality In line with the industry trends.
The Value Chain 4 4. Operations Strategy Implications (Store level) 5 5. Inventory Management and Demand Forecasting 9 6. Supply Chain Management 9 7. Quality Management 11 8.