Do layoffs threaten your business continuity plans?
Written by Phil on June 4, 2009 in Business Continuity, Disaster Recovery.
Managers with responsibilities for enterprise business continuity both in IT and overall bank operations should check to see how their staff reductions, budget cuts and cultural turmoil has impacted their ability to maintain or resume operations, meet their recovery times objectives (RTO) and service level agreements (SLAs) in case of even a minor disruption. Line of business and operations managers may be reluctant to admit that they have reduced capacity to perform a critical function, so some actual auditing and retesting may be required.
Have any members of the recovery team or their backups been let go?
- Have you checked the status of your mission critical suppliers, hot site providers and partners?
- Why am I sure that your testing and training budgets have been cut, or eliminated?
- Have all records, planning documents and crisis communications scripts been updated to reflect the changes?
See Do layoffs threaten your business continuity plans?
Tags: BCM, budget, Business Continuity, economy, layoffs, staffing
