Case Study: Business Continuity Planning

CASE STUDY: BUSINESS CONTINUITY PLANNING By Fred Klapetzky FEATURE ARTICLE Confronting RiskChallenges to your business - both daily and long-term competitiveness - lurk in surprising places. BRUCE BELZAK explains how to protect your company. ARTICLE EXTRAS Case study:A medical device component manufacturer faces nervous senior executives Four ways to save money - and your business Five Things Not to Forget When ForecastingForecast models can become complex, but the princi

Written byFred Klapetzky
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CASE STUDY: BUSINESS CONTINUITY PLANNING

By Fred Klapetzky

CLIENT: Therapeutic protein manufacturer

EVALUATION: Here, a small-scale event - a fire that threatened the loss of IT - could have caused a business interruption. Other trig-ger events might include the loss of air conditioning in the lab, or the loss of one or two critical scientists or other employees (e.g., through an automobile accident, heart attack, or influenza). Most organizations don't do a very good job of identifying all their key peo-ple. Sure, a top scientist might be obvious, but what about key technical people? The consequence of a loss might be data collection, organization, and/or access. Without investing a lot of money, you can accomplish the business continuity processes internally (it will take some of your time and effort, of course).

If you employ an outside consulting firm, costs can range from tens of thousands to several hundred thousand dollars, ...

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