2011-06-02

Disaster Management for SMBS

Disasters come without warning and can take place due to natural causes, human errors or IT system failures. A simple planning can enable SMBs to protect themselves from any disaster

Disaster Management for SMBS

Symantec Corp announced the India findings of its 2011SMB Disaster Preparedness Survey, which measured the attitudes and practices of small and mid sized businesses (SMBs) and their customers toward disaster preparedness. The survey findings show that though SMBs in India are at risk, they are still not making disaster preparedness a priority until they experience a disaster or data loss.

The survey revealed that:

  • Sixty-eight of the respondents do not have a plan in place.
  • Fifty percent said that it never occurred to them to put together a plan.
  • Seventeen per cent said disaster preparedness is not a priority to them.

Since, disaster preparedness is in low priority, the lack of preparation is surprisingly putting SMBs at risk that has impact on financial and business aspects because

  • Twenty seven percent of respondents live in regions susceptible to natural disasters like flood, earthquake etc. For example: Surajkund in Faridabad is suspectible to frequent aftershocks of earthquakes
  • In the past twelve months, the typical SMB experienced six computer outages. The leading causes cited were cyber attacks, power outages or natural disasters
  • Seventy seven percent of SMBs said they would lose atleast fifty percent of their data in the event of disaster

Tackling disaster

Don’t wait until it’s too late. SMBs shouldn’t wait till the last hour or after the disaster hasn’ t   taken place as to how they could have averted the disaster. A plan should have:

  • Identification of key systems and data that is intrinsic to the running of the business
  • Implementation plan of appropriate security and back up
  • Protection and prevention methods against natural disasters, power outages and cyber attacks
  • Employee involvement plan
  • Frequent test methodology
  • Regular plan review preparedness

 

Related opportunities
  • Quick Service Restaurants
    Pakodi and Politics offers a franchise opportunity to aspiring entrepreneurs...
    Locations looking for expansion Hyderabad
    Establishment year 2022
    Franchising Launch Date 2023
    Investment size Rs. 5lakh - 10lakh
    Space required 50
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Malkajgiri Hyderabad
  • About Us: iBent Energy Pvt. Ltd. is a 100% Indian electric..
    Locations looking for expansion Punjab
    Establishment year 2022
    Franchising Launch Date 2022
    Investment size
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Ludhiana Punjab
  • Tea And Coffee Chain
    CHAI NAGRI is a one stop destination for freshly brewed..
    Locations looking for expansion Punjab
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 10lakh - 20lakh
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Chandigarh Punjab
  • Designer Jewellery
    ORRA began its scintillating journey in 1888 with a vision..
    Locations looking for expansion Maharashtra
    Establishment year 2004
    Franchising Launch Date 2022
    Investment size Rs. 5 Cr. above
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts

pincode
;
ads ads ads ads