Sherie Griffiths

March 28, 2009

Launch Minus Forty-four

Yesterday, someone said that 11th May was “months away!” It isn’t. It’s exactly forty-four days away. Why am I counting? Well, because on Monday, 11th May, we officially launch the Savvy Business Community. The foundations of the Community are already in place, in the shape of the core team and founding professional members – whose numbers look set to increase over the next six weeks; but on 11th, we get to celebrate the fact that all the effort put into the company and the Community to date is paying off. We launched the company very quietly last July. We’re going to make a lot more noise about the launch of the new website and the Community – starting now. As of yesterday, the date, time and place are settled:
Date: 11th May 2009
Time: 6:00 PM
Place: The Wine Tun, 2/6 Cannon Street, London EC4.

In case you’re wondering (as I was) a tun of wine is eight gallons. I don’t expect to get through that much on the night – not before the presentations anyway!

It’s an “invitation only” event –so if you’d like to join us but aren’t yet on the mailing list, please, let me know. I’ll post a copy of the invitation here when it goes out.

Of course it’s a business event – but for me, it’s more than that. It’s the culmination of two years’ work to effect a major career change (into something I’m convinced I’ve always been much better designed for than law) and the chance publicly to acknowledge and thank the people who have supported me through the transition, helped me lay the all-important foundations for Savvy’s future – and who will hopefully be part of the company and the Community for a long time to come. If that sounds very personal, I make no apologies – it is.

Sherie

March 27, 2009

Disaster recovery – have you thought about the implications?

The following comes from Paul Smalley at Paper Mountain Solutions, a vital member of our core team. PMS look after our office functions. They’re also known affectionately as “the engine room”!
http://www.papermountainsolutions.co.uk

An area often overlooked by many firms, a disaster recovery plan is generally pushed
to the bottom of the “to do” list or not dealt with at all as it’s considered a problem more likely to be faced by bigger businesses. Statistically, however, any
firm that suffers an event that renders trade impossible for a period of three days
or more will never recover to the position that it enjoyed pre-disaster.
Disaster recovery is all about safeguarding your business when an interruption happens. With some planning, you can make the difference between a marketing coup (”Company survives major flood”) or business failure as your clients seek an alternative
provider.
We have highlighted a few scenarios below for you to consider. Just by putting some
thought into how you would cope with these issues should they arise will help you
be aware of what actions would be necessary if the unthinkable should happen.

Natural Disaster
Whether it is fire, flood or something more catastrophic, the assumption has to be
that your office premises are unusable and are likely to remain so for some time.

Action:
Review availability of vacant units and serviced offices, and assess how quickly
you could be up and running in the short term while looking for longer term solutions.
Are you insured for business interruption events?
What are the critical aspects of your business – what can it not survive without
e.g. phone systems; desktops; server; coffee machine?

Power Failure
How would your business survive if it lost power because workmen cut through the
electricity cable outside your office?

Action:
Install Uninterruptible Power Supplies (UPS) – these can give you additional breathing
space (from half an hour to a few hours dependent on how much you are prepared to
spend on them!) while you work out the scale of the problem and how long it will
take to be resolved.
See below for ways of dealing with Telephone/IT equipment.

Computer/Telephone Equipment
In today’s modern age, computers are relied upon for almost every aspect of business
life – in fact most modern phone systems are often specifically programmed computers.
Whilst the replacement of PCs and laptops are relatively easy, computer infrastructure
(servers) and phone systems cannot simply be bought off the shelf. In the event that
you lose either of these pieces of equipment, do you know how quickly you could have
replacements configured to your requirements working in your office?

Action:
A conversation with your IT/Phone supplier should put your mind at rest on this issue.

Data
The information that you hold electronically about your business, customers and suppliers is vital, yet companies often do not take sufficient precautions in protecting their data should computer systems fail. There are a variety of solutions available which
do not cost the earth but will literally be a lifeline for your business should the
unthinkable happen.

Action:
Speak to your IT supplier about taking backups daily in your office and storing the
information offsite.

Phone/Broadband Lines
More often than not, these are completely out of your control, but although it is
rare, such services have been known to be cut. The only viable alternative if this
happens is having the ability to transfer the calls to someone who can handle them
while your systems are down – rather that than potentially lose a sale, or even worse
have it go to a competitor.

Action:
Review and shortlist the call answering companies available that you feel best fit
your business branding and model.
Discuss with them upfront how they would deal with this event so you are clear how
your business workflow will be affected.
Prepare a brief so they are aware of what your company does should they be called
on at short notice.

Staff
This might seem like an odd one to include here, but consider this – adverse weather
could mean the majority of your staff are unable to make it to work. This happened
to a number of businesses during the early part of 2009 when heavy snow fell.

Action:
Review and decide who the critical members of your team are and how their work would
be undertaken in the event they couldn’t make it to work e.g. home working; access
to serviced offices closer to their home or logging into your office. This is more
easily done for a service based company, but for a manufacturing business, there
are also options that can be considered.
Could other members of staff be trained in critical aspects of the work undertaken
and step in as a short-term measure?

You
How long could your business run without you if you were involved in an accident?
Do you have a deputy who could hold the fort in your absence? This is a difficult
scenario to envisage and actually, quite a weighty issue for some business owners
because of the impact on a whole range of aspects of their life.

Action:
Could someone else provide support in helping run the business? If the worse case
scenario should hit, this is an option available to you.
For organisations of a greater size, ‘Key Man’ insurance can be purchased. As the
name suggests, in the event that a pivotal person within the business is incapacitated,
insurance can be purchased to fund the salary of a replacement member of staff for
a period of time.

March 25, 2009

Get Business Savvy

I’ve set up this blog on behalf of my colleagues at Savvy Business Ltd – the team of organizations which form the core of the Savvy Business Community and enable us as a company to set and maintain very exacting standardsacross everything we do – and our “Savvy Professionals” – The Savvy Business Community’s professional members. These are the experts who help us to make business information programmes and also provide specific help and advice to our commercial members and guests. I look forward to introducing them all to you in time.

March 19, 2009

Hello world!

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