Reference no: EM133247407
1) You are the CEO of Alpha Investment Services. You have been closely involved with the development of your Business Continuity Plan. You are intimately familiar with all of the steps undertaken to get your first iteration of the BCP approved by your board of directors.
Apply all of your experience with this process as you respond to the following.
A colleague of yours who runs a similar business in a Florida city is extremely concerned about his firm's ability to withstand a hurricane. Briefly explain to him your firm's strategy for dealing with a flood threat. Use the case study data at your disposal to explain:
- your process for determining the magnitude of the threat (probability and impact analysis)
- the specific strategies of your BCP that address this threat
- the RTOs that your plan is designed to achieve
2) If a flood were imminent, identify 3 steps from your BCP that you would take prior to the onset of flooding.
3) What mechanism would be most effective for communicating with employees before the crisis? Briefly give your reasoning.
4) Which mechanism would be most effective in communicating with customers during the crisis? Briefly give your reasoning.