Business Continuity and Crisis Management Essay

Business Continuity and Crisis Management - Essay Example In the course of providing services to their customers there exists a probability of certain disruptions that might impact them to such an extent that they might not be able to serve their customers. It is for this reason that organisations undertake functions for prevention of disruptions, try to stay prepared, undertake risk management, crisis management, recovery processes and emergency responses. They also decide on processes that can ensure speedy resumption of business and manage resources for this purpose based on their understanding of their business environment. These functions serve as the organisation’s protection from future predicaments. Efficiency and effectiveness is achieved through the integration of these functions (Shaw, n.d.). There are several factors that affect business continuity namely networking reliability, data availability, scalability and availability of operating systems, application availability and reliability of server hardware. It is imperati ve for a business to continuously operate, ensure data availability at all times and display agility in accessing the data. The advancement in information technology has made it necessary to achieve business continuity on the basis of ‘continuous computing’ technologies. This is the reason that Business Continuity Management (BCM) and Crisis Management has become an integral part of the information system of an organisation (Nijaz & Moon, 2009). Most businesses do not prepare for unexpected breakdowns in advance or even if they plan, it is often outdated. Good continuity is reflected through advance planning thereby paying attention to minute nuances so that when an emergency situation arises then there is no reason to panic. Most organisation lack this kind of detailed planning as they tend to concentrate only on Information Technology (IT) and carry out too much of business analysis. Planning and simplicity in BCM ensures acceptable service levels for key processes in the business. BCM involves preplanning and coming up with alternative solutions. BCM is essential for the long term survival of the business (Hotchkiss, 2010). What is BCM? In the words of Shaw and Harrold, business crisis and continuity management can be defined as â€Å"the business management practices that provide the focus and guidance for the decisions and actions necessary for a business to prevent, prepare for, respond to, resume, recover, restore and transition from a disruptive (crisis) event in a manner consistent with its strategic objectives† (Shaw, n.d.). BCM entails maintaining and developing a total plan for business continuity which ensures the business’ survival in case any disruption occurs. BCM involves development of plans based on the analysis of business impact, plan execution and regularly updating the plan to discover new risks, threats and business situations (Hotchkiss, 2010). BCM involves evaluating and understanding the risks faced by the company, assessing the impact of an unexpected situation on the organisation and accordingly making decisions regarding the extent to which the organisation should prepare for an unforeseen crisis situation (Matthys, 2010). Critical Appraisal of Drivers of BCM Every organisation in today’s world needs to bring about strategic changes in response to the changes occurring in their economic environment. These changed are driven by various regulations namely government regulations and compliancy regulations.

Mixed method methodology Assignment Example | Topics and Well Written Essays - 750 words

Mixed method methodology - Assignment Example Integrating quantitative and qualitative methods capitalizes on the strengths of each approach, and offsets their different weaknesses. Use of complementary paradigms promote corroboration of a research study, expand a set of results, or even discover something that would have been missed otherwise.Qualitative research explores the richness, depth, and complexity of phenomena. They aid in gaining critical insights, and unravel latent meanings by improving our comprehension of the whole. Interpretivism is the backbone of qualitative research.Quantitative research is generally used to investigate research questions. An array of possible quantitative research designs can be applied. However, in areas like sociology, where it is difficult to do pure experimental research, quasi-experimental, and non-experimental designs can be adapted.Research results have greater objectivity and credibility. Researcher’s bias can be eliminated. Data collection is structured, precise and quick. Re search findings can be generalized if sufficiently large populations are sampled during data collection. Testing and the validating hypothesis is simpler and follows mathematical frameworks. Examples of quantitative research abound in marketing, finance, trend analysis and co-relational studies. For instance, studying the effect of a drug or treatment could follow tightly controlled experimental methodology; whereas, studying the effect of some disease on age, gender, life style would require co-relational approach. Abundant literature on quantitative research is available, (Sibanda, 2009) provides a comprehensive review. Key considerations for mixed method design for research study: Johnson and Onwuegbuzie (2004) articulate two typologies: mixed-model designs; and mixed-method designs. The authors contend that, mixed-model designs can be constructed by mixing qualitative and quantitative approaches within, and across the stages of research viz.: problem definition, data collection, and analyzing-interpreting data. Mixed-method design on the other hand, the authors opine, are based on the crossing of paradigm emphasis, and time ordering of quantitative and qualitative phases. How much of the qualitative-quantitative mix, and at what stages of research, are a few key dimensions for mixed-method research model. Caracelli & Greene (1997) proposed following framework for consideration of mixed-method approach in research study: Design Description Triangulation Different methods used concurrently, preferably with equal priority, to assess same phenomena toward convergence and increased validity Expansion Different methods used for different phenomena; can be sequential or concurrent, equal or unequal priority, with paradigm assumptions important or