Business Continuity Plans: Resource Loss-based vs Scenario-based

Resource LossFor some reason, bad ideas often attempt to make a comeback – typically, after enough time has passed and the very reason they were discarded or abandoned in the first place is forgotten.

Bad ideas certainly are not exclusive to popular culture; in fact, articles and case studies litter the internet documenting both public and private organizations attempting to resurrect failed models and strategies in hopes that new capabilities or use cases will finally make a particular idea just as good in practice as it was in theory or on paper.

In the wake of several high-profile, unpredictable, catastrophic incidents (“Black Swan Events”) in 2012, Avalution received a number of requests to develop highly-specific, scenario-based plans from our clients. Planning for Every Scenario is “For the Birds” explains that Black Swan Events cannot be predicted, and advises that organizations that implement flexible strategies, applicable in almost any type of scenario to manage response and recovery, enjoy the highest levels of success when faced with a disruptive incident.

However, the demand for scenario-based plans seems to be back.

We understand why organizations may think scenario-based plans are a good idea; however, their appropriateness, utility, and long-term value is limited – much like line dances, vampire romance movies, and mullets.

Instead, in this perspective we’re going to use a case study to make the argument for a resource loss-based plan development approach. Continue reading