Tech Challenges for SMEs – Business Continuity

Small and medium businesses are regularly exposed to various risks and opportunities in their journey to growth. Implementing a business continuity plan remains a challenge for most companies. Yet, it can significantly lower the chances of unexpected business closure due to inadequate security, data loss and other external threats.

Once your organisation creates a business continuity strategy, the plan needs to be reviewed and regularly updated to remain effective. It involves the proper testing of all the elements included in the procedure, from the infrastructure management and human resources allocation to disaster response and data recovery processes.

For this reason, opting for a business continuity management solution that centralises all data is a huge relief and makes testing and reviewing much more manageable.

Test and review. Testing a business continuity solution gives your business the chance to see what works well and what needs to be improved. Continue testing by reviewing the process. The advantage of turnkey business continuity software is the automation of these processes, resulting in insights that can be acted upon immediately.

Update as often as needed. As technology evolves and people join or leave the business, a business continuity plan needs to be updated to reflect these changes. Cloud-based business continuity management systems provide the necessary data tracking and monitoring to analyse response and review when needed.

Focus on analytics. Your business continuity strategy should be based on the performance and evaluation of the current data recovery and disaster response actions. The key to improvement is leveraging intelligent insights thanks to integrated BI and data analytics.

Involve relevant staff. Create a team to oversee the process and allocate the necessary resources. All departments and business units should understand and have access to the disaster management plan and its reviewing process.

Simplify training and process management. Employees learn about disaster recovery and business continuity plans through training, which helps them understands what to do after a disaster occurs. The process can be time-consuming if it is implemented at all. Quick access to implementation and data centralisation is possible with a user-friendly integrated system.

Make business continuity a priority from the top down. CTOs, CIOs and senior management play an essential role in creating, enforcing, and reviewing a business continuity plan.

Strategix offers complete business continuity and disaster recovery solutions to avoid data loss and the resulting impact on your business. We also provide a business continuity management system that integrates risk assessment, business impact analysis (BIA), audit management, planning, and legal compliance.

Contact STRATEGIX today at 087 802 0179 or email us at info@strategix.co.za for more information.

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