What is needed to secure senior management approval and funding for a business continuity program?
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Senior management will not approve any kind of business continuity program without evidence of careful research, analysis of the available options, cost/benefit analysis of such a program to the organization, analysis of similar organizations and how the business continuity program benefited them, lack of such a business continuity/disaster recovery program may be in violation of regulations or other mandates, and competitive analysis of how such a BC/DR program could enhance the firm’s image, reputation, and competitive position.
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