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Business Continuity Planning: Are We Prepared for Future Disasters

Author

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  • Naill M. Momani

Abstract

Problem statement: Natural and man-made disasters could cause a lot of monetary, mortality and morbidity losses for our business’ operations such as: Activities, products and services. In order to minimize losses from such disasters, it is essential to prepare and implement effective business continuity plans that could deal with abnormal conditions. Approach: In this study, a discussion of the major risk factors that could cause business disruption and the main strategies to prevent business’ losses were discussed so as to advice effective business continuity plans for organizations. Results: Risks are due to human and technology factors, natural and man-made disasters are the main contributors to business’ losses. Conclusion/Recommendations: This study introduced the main components to evaluate and modernize business continuity plans with the intention to develop effective business continuity plans.

Suggested Citation

  • Naill M. Momani, 2010. "Business Continuity Planning: Are We Prepared for Future Disasters," American Journal of Economics and Business Administration, Science Publications, vol. 2(3), pages 272-279, September.
    • Handle: RePEc:abk:jajeba:ajebasp.2010.272.279
    DOI: 10.3844/ajebasp.2010.272.279
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    Cited by:

    1. Ali Asgary & Yeganeh Mousavi-Jahromi, 2011. "Power Outage, Business Continuity and Businesses' Choices of Power Outage Mitigation Measures," American Journal of Economics and Business Administration, Science Publications, vol. 3(2), pages 312-320, April.

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