RE: Explain how Disaster Recovery Planning relates to a firm’s competitive advantage. ?
I need help with my homework question. “Explain how Disaster Recovery Planning relates to a firm’s competitive advantage.?” I tried to Google search, but I’m not finding much information. I was wondering if someone help me with this. (I’m not looking for answer, I’m looking for a link where I can read article and find answer myself). Or if you have any comments, please feel free to post. Thank you so much.
I would suggest you check the Disaster Recovery piece in Wikipedia for some general information. Here is a blurb I have used for providing DR solutions to my clients. I think it succinctly encompasses how you may want to think about making a value proposition for DR as a competitive advantage.
“The Gartner Group has identified the following statistics regarding disaster scenarios in unprotected environments:
80% of all businesses will experience a major disaster event every 5 years,
43% of companies experiencing a disaster will never re-open after that event.
29% who do survive a major event will be out of business within 24 months”