Through the past decade or so, the rules of engagement and best practices of business continuity have transformed significantly. On top of these evolving risks has been an increasing sense of urgency in the verbiage of advocacy groups and politicians who seek to clarify why leaders in the private sector must focus more on operational continuity.
There are simply no signs to indicate that the progression and transformation of risk will slow or stabilize any time soon, and this is one of the many reasons why business owners should take advantage of every opportunity they get to learn more about continuity. On Wednesday, June 17, 2015, Continuity Centers and Agility Recovery will be hosting the Fifth Annual Open House and Contingency Planning Exchange (CPE) in Woodbury, New York, to educate participants in modern risk management and continuity.
What will take place at this event?
The CPE will involve sessions in which thought leaders discuss the various risks that can lead to downtime, ranging from natural disasters and human error to cybersecurity attacks and beyond. Then, those continuity experts will bring participants through the best practices of mitigating risks and minimizing the threat of disruption and downtime in a real-world-centric fashion, teaching not only the options businesses have to maximize continuity, but also how to get strategies into motion.
Since theoretical knowledge can only take a leader so far with respect to a major strategic demand such as continuity, participants will receive hands-on, experiential lessons that yield real-world knowledge and the ability to put the concepts into practice.
As a note, attendees will also be able to check out the Mobile Recovery Units that Continuity Centers offers to clientele that help to maintain productivity even in the most precarious of situations. Through participation, those who attend will have a more well-rounded understanding of business continuity, as well as the tools available to dramatically reduce risk and minimize operational disruptions.
With that brief overview of the event itself, let's dive into the reasons why you and virtually all business owners should consider participating.
Why is an event like CPE important?
We could throw a lot of statistics at you to make it clear why business continuity and disaster recovery should be top priorities for every company, but one staggering detail should get the job done here. Back in 2014, Gartner analyst Andrew Lerner explained that network downtime alone will translate to an average of $5,600 per minute. If that is not enough to clarify how serious of a threat this can be, he also noted that the financial damages go up exponentially for longer time frames, reaching more than $300,000 an hour, and into the millions when downtime lasts for consecutive days.
"No business can afford the high cost of downtime."
No business can really afford these levels of loss, and this does not even delve into the aspects of client trust in brands, employee engagement and a wealth of other potential indirect damages. CPE is an important and worthwhile event because it proactively instills the knowledge and awareness into business leaders who participate to bolster the power of their business continuity and disaster recovery plans.
Knowledge, after all, is indeed power in this discussion, and the time to get educated in these matters is now.
The event will be held between 8 a.m. and 10 a.m., and the Open House will run from 10 a.m. to 4 p.m. Space is limited, so act now by registering at http://www.continuitycenters.com.