The Department of Trade and Industry has found that 70 percent of small businesses suffering a major data loss are out of business within 18 months. Could that be you or your company? My Dad always told me that “failing to plan, was planning to fail”. In the case of lost data, this is critical.
One thing is for certain and that is that more businesses today then even before are becoming increasingly reliant on computers and the data that they contain. In fact, in many businesses this reliance has become completely total, so now without their computers these business would simply grind to a halt.
If you’re searching for ways to increase your bottom line, starting a new venture or going after a new business opportunity might not be the answer. Your small business could have hidden money through overcharges that you’re not aware of – and revenue recovery may be the answer.
Disasters and other business disruptions are not uncommon, unfortunately, and most managers are surprised by this. Fires, tornadoes, earthquakes, floods, and hurricanes are frequent events throughout parts of the US and beyond – and these are just the naturally occurring events. Add to these human errors, accidents, and power outages and the likelihood for a business related disaster is fairly high.
A managed services provider is a company that manages services for another company. Basically, they are a company that takes care of outsourced services on a month-to-month basis, which is how they also receive their income. Many of these services are provided via the internet and cover such tasks as IT services, remote data backup, desktop and security monitoring, and technical assistance. It is also common for a managed services provider to also manage a company’s web hosting and maintenance of their websites.
Companies are beginning to defy cynicism and doom Sayers. Managers are recording some of the best performances in their careers. The economic recession which had hit the global business activities is slowly facing the exit doors. Consequently, managers who ‘think outside the box’ are putting down structures to ensure that they gain maximum profits in the next few weeks. Unfortunately, on the other hand, other managers are still struggling to survive the crisis. The truth is that you should now be getting prepared to reap more profits.
The UK’s Records Management Society defines records management as, “the process by which a company manages all the elements of records whether externally or internally generated and in any format or media type, from their inception/receipt, all the way through to their disposal”. In this digital age many organisations have set up comprehensive systems to ensure that electronic records are safely stored and backed up, with a plan in place should an unexpected crisis occur. This makes a great deal of sense since some estimates suggest that over 90% of businesses that have had a major data processing disaster will go out of business within 5 years.
The “General Adaptation Syndrome”, (G.A.S.) is the theory that underpins the whole science of stress management. It was first identified by Hans Selye.
Have you ever sat down and tried to identify key areas of your business that are vulnerable in any way. The fact is that far too many business owners and managers simply don’t like to “go there” when it comes to imagining any type of disasters that can effect their business. Also, along the same line, many of todays business people just can’t fathom so many of today’s new dangers to their businesses.
The best laid schemes of mice and men is a phrase originating from a Robert Burns’ poem ‘To a Mouse’ written in1786. The poem is an apology from the author to the mouse for accidentally upturning the mouses’ nest while ploughing a field. And the phrase itself is colloquially used to describe that even the most careful planning can be undone by unexpected circumstances or events.