- Myth 1: Management Doesnt Care About Disaster Recovery
- Myth 2: Management Doesnt Understand a Disasters Impact on the Business
- Myth 3: Management Will Never Fund a Recovery Plan
- What Should Be Included in a Business Impact Analysis?
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Myth 2: Management Doesn’t Understand a Disaster’s Impact on the Business
Wrong again! Management has a very good idea of the impact of a disaster on the business. Think about it. Senior executives get paid based on how the business performs (in theory, anyway). Vice presidents of marketing or sales, business controllers, etc. know where the money comes from; it’s part of their scope of responsibility and probably part of their compensation plan. So it’s possible to play on this fact a little. If you’re successful in showing an executive the impact of a disaster on the business, in terms that he or she understands (read: dollars), you’ll have the exec’s attention—and, more importantly, gain his or her support.
Obviously, one of the first things you’ll need is a crisply presented business impact analysis. With this analysis, using non-technical terms that management can understand, your plan will be funded. If there are any ambiguities or doubts, however, management will want to "study some more," and you could walk out of your meeting with a longer to-do list than you had when you went in.