In the United States, business forms the backbone of the economy. In case a business is disrupted, it is likely to cost money and hence a reduced revenue. Insurance companies do not cover every loss of business. Therefore, developing a business continuity plan is essential for the survival of the business in the contemporary world. This paper will highlight the necessary strategies for continuity of business. While Federal Emergency Agency (FEMA) insists a business to cover itself against certain risks such as burglary and fire, it also comes up come with strategies such as developing a crisis management plan and protection of digital information of an organization.
With the increasing risk of calamities such as hurricanes and earthquakes, it would be important if a business comes up with a crisis management plan. This plan by FEMA is to help in determining strategies in case of a crisis. FEMA enables an organization to focus on the recovery following a catastrophe (Olonilua, 2016). This reactive management strategy includes internal and external integration of an organization. To manage and respond appropriately towards any disaster, a well-designed crisis management should be in place. In case of an occurrence of a disaster, FEMA will assemble and review the probable event or disaster and then determine the course of action.
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Due to the progression and integration of technology in the business premises, FEMA also insists on the protection of digital information of a company. FEMA provides free cyber security guidance to America's organizations, therefore providing a guideline for protection of company's data. Information technology assets hold useful and confidential business data that needs to be protected against, scamming, phishing, and skimming. Consistent and effective testing is the key to the effective business sanitization (Vamvatsikos, 2012). A business sanitization policy needs to be tested periodically for the effectiveness of its data-scrubbing technologies and process. Due to the growing cyber-attacks, critical business data has to be protected for the future use of business operation.
In conclusion, any business has to manage current and future challenges for its continuous operation. For progression and continuity of any organization, a good continuity plan is imminent. Business both big and small has to design plans such as calamity management plan and protection of digital information for proper sustenance. These plans will keep a business a toe in case of occurrence of a calamity.
References
Olonilua, O. (2016). State Mandate Influences on FEMA-Approved Hazard-Mitigation Plans under the Disaster Management Act of 2000. World Medical & Health Policy, 8(1), 27-45. http://dx.doi.org/10.1002/wmh3.177
Vamvatsikos, D. (2012). Derivation of new SAC/FEMA performance evaluation solutions with second-order hazard approximation. Earthquake Engineering & Structural Dynamics, 42(8), 1171-1188. http://dx.doi.org/10.1002/eqe.2265
