Chapter 6 Business Continuity Planning and Disaster Recovery Planning Chapter Objectives After reading this chapter and completing the exercises, you will be able to do the following: ■ ■ ■ ■ ■ ■ ■ ■ Distinguish between the business continuity plan (BCP) and the disaster recovery plan (DRP). Follow the steps in the BCP. Inform business executives why planning is important. Define the scope of the business continuity plan. Identify types of disruptive events.
To: Pierina Bower Unit 18: M2 From: Scott Rouse-Day Date: 27/05/14 In this particular task, I shall be analysing the arrangements made by an event organizer to plan a business event. In this task I am going to be analysing the arrangements made by an event organizer to plan a business. I am going to do this by identifying separate factors, saying how they are related and how each one contributes to the topic. In order to do so, I am going to use the cyclical process of management to aid my analysis. The cyclical process of management is basically the process an event organizer goes through to plan a business event.
(WebFinance, Inc, 2013) Simplified it is the process of evaluating the current business, let’s say their effectiveness, and their future in their industry. Why is it so important? Financial statement analysis involves the carful select of data from various financial statements, such as the one that we will be referring to in this report. The data from the reports is used primarily to forecast the financial health of the business [in this case Competition Bikes]. When analyzed it makes it easier for c-level executives and management to make future decisions.
To aid in the risk assessment process, SterlingCrest will utilize a variety of tools to assess several types of risk with a department and prevent losses from occurring. The risk assessment tools will include questionnaires, location inspections, and employee interviews. In addition, the risk assessment will include a thorough review of the company’s processes, policies, procedure, regulatory compliance, along with historical loss for corporate departments and stores. Once the assessments are complete, efforts can be made to address potential
With it being the time for the strategic planning for this facility, we will explain our plans for the yearly assessment. Also, we will describe what leadership positions there will be in the planning and what there responsibilities will be. Along with strengths and weaknesses there are also market trends that we are going to have to follow. In the strategic planning we will be using the SWOT analysis. “SWOT analysis is a strategic planning method used to evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project or in a business venture.
Affecting Change Nick Khan LDR 531- Organizational Leadership DeVry University Mr. Larry. M Jul 06, 2009 Affecting Change This paper will address the simulation of Leadership in Action. The issue at hand entails a company, Smith and Falmouth, a mid sized company that provides tele-shopping and a mail order network. The company has decided to start a new e-tailing business unit to add to their business portfolio. The CEO, Irene Seagraves, has put together a team consisting of a project manager, a marketing manager, a logistics manager, and a web development team.
ASSIGNMENT: Using your current work organization (or an organization of interest) and a second organization in the same industry as the subject matter, research the elements of business, compare and contrast the two selected organizations, and prepare an APA formatted paper that: Analyzes the basic legal, social, and economic environment in which the organizations operate Analyzes the managerial, operational, and financial issues impacting the organizations including: Company Culture and Performance Promotion Policies Strategic Decisions Making Decision-Making Style Management Style Leadership Style Communication Style Use of SWOT Tool Operations Strategy Framework Analyzes the impact of potential change factors as they relate to the functions of management for both organizations including: Changing External Conditions Analyzing Businesses NAME COLLEGE ABSTRACT Comparing two businesses can be a difficult challenge when looking at their elements. Finding things the businesses have in common can make the task easier, for example Best Buy and HHGregg are similar companies that sell similar products. When analyzing the two companies it can be seen that they are both very similar in the way they operate and do business. Analyzing Businesses Best Buy and HHGregg are both specialty stores that offer customers appliances, entertainment, home office items, electronics, and other services. Best Buy operates both domestically and internationally, however HHGregg is only domestically.
2. Question: (TCO 1) The first phase of Porter’s recommended process for evaluating the company is: 3. Question: (TCO 2) Change management is the approach to plan, _______, ________, manage, measure, and sustain changes in business processes and work. 4. Question: (TCO 2) According to Porter’s model, which of the following are forces driving industry competition?
In fact, it examines emerging business opportunities, undertakes issue-specific work (partnering with general managers on defined strategies applicable to particular geos or lines of business), and finally, looks at the overall strategy for the corporation (What is IBM’s strategy October 2008, side article). The four key Stategies of execution for IBM. See below Table 1.0 IBM Four Key Stratgies (IBM Corporation 2009, slide 3) Before jumping straight into the External Environment we need to
Some research will include the financial status of a company. Other times, we will be reviewing the company strategy, mission, vision, and values. Also, competition is vital for the company research. Lastly, a strategic analysis will be performed along with a recommendation usually. So, today we will be doing a lot of that.