4 Key Components to Developing a Disaster Recovery Plan

If you are leading a business, you must keep an eye on the big picture. It is a critical part of the job.

Even when operations are humming along and profits are up, there’s always a chance of disaster or an incident like a ransomware attack.

Just one significant negative incident could disrupt your entire business.

It may sound sensational, but it’s not an overstatement to say that whole companies have been destroyed in the wake of just one unfortunate event.

Developing a disaster recovery plan that will protect your company is a complex thing…

  • Where do you start?
  • What do you need to include?
  • Do you work with an outside consultant?
  • Hire someone full-time in-house?
  • Do it yourself?

It’s important to know what’s involved before making any of those calls. Here are four key components to developing an effective disaster recovery plan:

1. Analyze your Business

The goal is to know how your business can continue, no matter what.

We’re talking about everything from failing hardware, to a power outage that lasts a few hours, to a hurricane that literally knocks down your building leaving you with no physical office for weeks or months.

That’s where you should start — with a close and honest assessment of your business. What processes and procedures are vulnerable? How will network downtime affect your staff? How will you maintain communication with customers in the event of a disaster? What’s your worst-case scenario?

2. Assess Risk

It’s normal to feel apprehensive after the business analysis. You may have even come across previously unknown weaknesses or security holes. But don’t panic. Just because something could happen doesn’t mean it will.

That’s where the risk assessment, your next step, is incredibly helpful. You can even get a professional opinion on your risk.

For each identified risk, determine a response or action to take when it occurs. For example:

  • If your building is destroyed by a fire, what should happen?
  • How about after a cybersecurity attack or a flood?

Address each disaster with a specific strategy. Be sure to include resources for every response, naming individuals who can be called in to help. If you don’t know who those people are, now could be the time to find some.

3. Build Your Plan

After the analysis and risk assessment, it’s time to draft your business continuity plan. Write this plan carefully and review it frequently.

You might begin with a summary of your strategy, naming your top priorities. For example, a lot of business leaders choose to address the most crucial weaknesses first and the less risky concerns later. A good plan will consider all angles of business continuity and include ways to reduce or eliminate risks altogether.

Be sure to draw up a contact sheet with the names, titles, and contact information of disaster deputies, business partners, and others who are invested in your continuity. Remember the plan should be accessible to everyone involved.

Include checklists for employees to implement in each type of disaster situation and describe what should happen within ten minutes, an hour and a day after the event. Also, mention what shouldn’t be considered in a disaster—employees need to be able to abandon tasks and rules that don’t make sense during an emergency and they need your authority to do so.

4. Test and Share

Once your plan is complete, think about how to test your continuity responses.

Our mantra is “practice, practice” because communication among staff and to the outside world is a primary factor in a successful continuity mission.  Every small and medium-sized business will approach continuity in a slightly different way. There’s a real sense of security in knowing that, even if the worst happens, there’s a plan in place and people who know how to implement it.

Ultimately, thinking ahead is the best way to keep your business and your staff moving ahead, even in the midst of a disaster. At KeyStone Solutions, Business Continuity is one of the very first conversations we have with each customer.