the company should be facing. One of these problems include proper planning on what actions they should take for them to be able to get their operations back from the flood incident the soonest time possible. At the centre of effective disaster management is the disaster control plan. The case presents alternative solutions such as: Collaborative Decision-Making Plan‚ Risk Assessment and Management‚ and Business/Service Continuity.” Amarille‚ Brimarjun Balatero‚ Calvin Lumangtad‚ Dann Vincent
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Management at Pacific Life: Optimizing Business Unit Autonomy Case summary Intro * Pacific Life (PL) holds its culture as central to 139 years in business. * 5 strengths: (a) Risk management; (b) Customer service culture (both distributor and customer levels); (c) Team orientation (different expertise combined); (d) Continuity of operations and company identity; and (e) Integrity (providing value to clients). * Need to balance business unit autonomy with central control
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and a business impact analysis (BIA)? Risk analysis is often identifying the potential threats and the associated vulnerabilities to the organizations .Risk analysis doesn’t view the organization from the mission critical Business Process point of view. More over BIA perceives the organization from the impact that is going to occur for an organization if the critical business processes are interrupted or tampered 2. What is the difference between a Disaster Recovery Plan and a Business Continuity
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disaster recover plan (DRP) and business continuity plan (BCP) aren’t the plan but some time both terms are used in place of each other. There are distinct differences in the two‚ disaster recover plan incorporates information assets and services after disasters such as floods‚ fires or any other catastrophic events as well as hardware failure. On the other hand business continuity plan encompasses a much wider responsibility than DRP‚ BCP plans recovery for the entire business or organization in the event
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Three factors that influence BP oil companies operational and contingency planning include‚ unexpected oil spills. Sometimes the company may experience unexpected oil spill that will require them to change from the original plan. The second factor is natural calamities. Sometimes they cannot control things like floods‚ which can cause oil burst and affect the flow of the plan. The third factor is Man-Made calamity. These affect the plan of the company because they need to address it immediately.
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several examples of each. 2. Three contemporary hardware trends are mobile computing‚ consumeriation of IT and BYOD‚ and virtualization. Define and describe each of these trends (provide details and examples) and discuss the impact of each trend on business organizations. 3. Distinguish between application software and system software‚ and explain the role played by the operating system of a computer. Define application software. Define system software. Describe the role of each and provide several
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procedures‚ applications‚ and staffing. Updated revisions are distributed to the disaster recovery team members at least twice a year following disaster recovery tests. When copies of the plan are no longer required‚ please return them to the Business Continuity Coordinator (BCC). It is strongly recommended that outdated copies of the plan be destroyed by crosscut shredding when updated versions are received. All corrections are welcome at any time and should be directed to the BCC: BnGCORP@Gmail
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Lab: Assessment Worksheet Performing a Business Impact Analysis for an IT Infrastructure Overview Answer the following questions‚ specific to the creation and focus of Business Impact Analysis as well as BCP documentation. Lab Assessment Questions & Answers 1. What is the goal and purpose of a BIA? To identify which business units‚ operations and process are crucial to the survival of the business. A timeframe in which business functionality must be restored. Also identifies
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the following: The four stages to risk management‚ the four main categories of risk and strategies for dealing with risk http://www.open.edu/openlearn/money-management/management/business-studies/managing-risks With reference to your organization or one you are familiar with; a. Identify the core operations of the business b. List the types of disruptive events that can affect the normal running of the organization c. Use the “bulletproof table” referred to in the reference text to analyse the risks
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Currently the Bank is seeking additional talent to serve in the roles outlined below. 1. Program Manager - Business Continuity The successful candidate will work within the Bank’s risk department and report to the General Manager-Operational Risk. He/she is expected to work closely with the Business Continuity Head in the planning‚ implementation and maintenance of the Business Continuity and Disaster Recovery Program (BCP/DRP). Key Responsibilities: * Maintain the BCP/DR related records for
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