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Pages:
2 pages/≈550 words
Sources:
3
Style:
APA
Subject:
Management
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 9.72
Topic:

Organizational Crisis Response

Essay Instructions:
Leaders must plan for catastrophic events to protect their organization's operations, assets, and reputation. Good disaster recovery begins with a needs assessment. In this assignment, you will write a 2-page memorandum to your supervisor. You will identify two likely disaster incidents and list potential response resources. Step 1 Using research articles and current events, identify the top two likely disaster incidents for which your organization needs to prepare. Include in your research how other organizations have addressed similar incidents. Step 2 List the potential response resources your organization would need to recover from the incidents effectively. Using information from previous assignments, analyze whether your organization is in a financial position to recover without seeking additional funding. Consider overall financial health and available funding sources. Step 3 Prepare a 2-page memorandum to your supervisor, identifying the potential disaster events and introducing your recovery plan. Address financial implications and ways to mitigate financial stress.
Essay Sample Content Preview:
Organizational Disaster Response Your Name Course and Section Professor’s Name November 18, 2024 DATE: November 18, 2024 TO: [Supervisor's Name] FROM: [Your Name] SUBJECT: Comprehensive Disaster Preparedness and Recovery Plan Purpose This memorandum highlights two critical disaster scenarios that could disrupt our organization's operations: cyber security threats like hacker attacks and disasters like floods. It calls for early preparation and efficient management of likely operational, financial, and reputational risks arising from various operations and activities. Based on research and analysis of actual cases of unsuccessful mergers, I present recommendations for developing an effective merger recovery plan and evaluate the financial preparedness to address such events. Key Information Likely Disaster Scenarios 1 Cybersecurity Breaches Cyber threats have become more frequent and sophisticated than before and are a threat to organizations of all sizes. Incidents of low cybersecurity protection became known in 2017, such as the Equifax case, which resulted in the loss of consumer trust and penalties (NIST, 2017). Cyber losses are widespread in organizations, manifesting in data loss, unstructured operations, and compliance issues. 1 Response Measures * Awareness of an effective procedure for the handling of incidents that is geared towards cyber threats. * You must ensure your employees are trained and made aware of ongoing scams, day-to-day attacks like phishing, and other forms of social engineering. * Preparing to set up more precise threat identification tools like using Machine Learning in threat identification. * Purchasing cyber insurance addresses the question of how much of the loss the company will be held accountable for. 2 Natural Disasters ...
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