Strategies and importance of business continuity in today’s organizations

Abstract
Many businesses are leveraging technology in all the areas of their business as it helps them realize the true value and quick return on investments. As the technology is having application in the business, there is also increasing threats to the information systems of an organization arising from disasters. Disaster can strike at any time without warning, and they can take the shape of the storm, flood, hurricanes, civil unrest, product contamination or terrorist bombs among others. Business continuity requires that organizations protect against, reduce the likelihood and make sure that their organizations can recover from disruptive events. A business continuity plan ensures that organizations have a good preparation, and they anticipate and respond to security threats to their information and systems appropriately. The paper outlines the strategies and the importance of having a business continuity plan in an organization.

Introduction

Business continuity refers to maintaining the business processes or having a quick resumption in the event of a disruption to such as a flood, fire outbreak, data deletion of malicious attack. A business continuity plan entails the procedures and the instructions that a company needs to follow in the event of disaster outbreak. The recovery incorporates all the business processes, assets, people, business partners and many more. Every disaster is unique, and it manifests in unexpected ways, so that is the reason organizations has to prepare ahead of time to address any disaster. By so doing they can continue their operations amidst major disruption because they will have a concrete plan on how to go about in mitigating those incidents of having a quick recovery. BC planning aims to prevent the interruption of mission-critical services and ensure there is fully functioning as quickly as possible.

Business continuity strategies
It is a requirement that there be the conduction g of business impact analysis after which the development of strategies takes place in light of how to operate a business after a disruption. There are several strategies a business needs to consider in business continuity. One of the strategies is to ensure there is the training of the response team as well as all the staff so as to be conversant with the contents of the business continuity plan. The training also equips them with the required skills on how to report any security incidents and how to respond to those incidents as appropriately as possible. That is because business continuity and disaster response are the responsibility of every individual in an organization (Kim, 2010). Another strategy that business has to consider in business continuity is to hire the needed equipment for addressing disasters in good time so as to avoid confusions during the event of a disaster.

There is also the strategy of having a data backup in place so that when the loss or damage of data takes place then an organization can recover the lost data effectively from the backup site. Backups can protect the business from worst scenarios like natural disasters, malware attackers or other critical failures (Watters, 2014). Those backups need to have storage on site so as to be secure and if possible, an organization can contract its backup to a third party such cloud computing providers. Data backup is the heart of business continuity and without it an organization can lose vital data and systems that can be too costly to recover culminating to the death of the business (Myers, 2006). Another vital strategy to ensure business continuity is to have insurance policies and other vital contents kept off site. Businesses also should develop a continuity strategy for each product or service so that they can restore their business before they reach a maximum acceptable outage.

Importance of business continuity
Business continuity is integral to overall risks management of an organization (Snedaker & Rima, 2014). It is impossible to eliminate all types of risks, and that is why companies implement business continuity so as to prepare for potentially disruptive events. A business continuity plan is vital because it provides the strategies regarding how a company will continue after the disruption of its functions by the disaster. Then BC plan stipulates how an enterprise will prepare for a disaster, how it will respond and the steps required to ensure the restoration of normal operations (Thejendra, 2014). It suggests a more comprehensive strategy that ensures that business remains operational, not only after a catastrophe but also during small disruptions. It helps to limit the long-term or long-term negative impacts on the organization. A solid business continuity plan enables a company to address any situation forthwith and effectively (Snedaker & Rima, 2014). Every company has critical systems that it relies on to function and so it should ensure there is maximum protection for those systems. The absence of business continuity in the organization can cost its life because there are organizations closed in the event of a disaster because they lacked business continuity at hand.

Conclusion
Regardless of the type of industry, when an unforeseen event takes place resulting in the halt of the day-to-day functions, a firm needs to recover as quickly as possible so that it continues to provide services. It is mandatory that every organization have a business continuity plan, and this will help them to manage risks and potential security incidents that threaten their normal operations. The lack of a business continuity plan in an enterprise puts the enterprise at risk of high financial losses, loss of reputation and a risk of losing its customers. So it is good to have a business continuity plan in place because the risk of having no such as plan can pose a serious risk to a company.

What is the Minimum Marks to Get Admission in Omsk State Medical University?

Russia is the most popular country that has been considered for international education since 1985. It consists of multiple government universities and private too. Omsk State Medical University is one of the Russian medical universities.

It was established in 1920 at Omsk. It graduates thousands of international students. This university is well-recognized by the NMC(National Medical Commission) and MCC(Medical Council of Canada). It is ranked at 235th position in Russia and possesses a 6427 world ranking. It provides multiple facilities within the achievable MBBS fee structure.

Is NEET required for admission at Omsk State Medical University?

The NEET (National Eligibility cum Entrance Examination) is conducted by NTA (National Testing Agency). It is a pre-medical entrance examination. All Indian aspirants and International students who wish to practice medicine in India in the future. They should appear for the NEET examination.

NEET is a mandatory examination that is conducted at both the undergraduate and postgraduate levels. It is the first step toward the goal of becoming a doctor. Other than India, NEET is also conducted in the international countries. The recognized universities of Russia like Omsk State Medical University consider the NEET score board as the entrance exam.

To get admission into the university, you are required to qualify for the NEET exam. You must meet all the eligibility criteria.

These eligibility criteria are:

The student’s age should be more than 17 years.
The students must be 10+2 qualified from the recognized board of education. You must possess more than 50% score in 10+2 with Physics, Chemistry, and Biology.
The student must obtain qualifying marks in NEET.

How many marks in NEET are required to get admission at Omsk State Medical University?

The university does not need high rankings like All India Ranks for admission. It only asks for the qualifying marks in the NEET-UG examination to get admission to MBBS. However, these cutoffs vary every year. It can be due to multiple reasons. That is:

Level of difficulty in examination.
The number of students appear for the examination.
The number of government seats available in India.

Let’s Get a Look At Cutoff Chart

YEAR CUT-OFF SCORE
2024 Available Soon
2023 137-720
2022 117-715
2021 138-720
2020 147-720
2019 134-701

According to the guidelines, it is okay to score qualifying marks in NEET to get admission to MBBS Abroad. But, it will be better, if you obtain more than qualifying marks. It can be more than 300 marks. It will facilitate you to have more probability of admission. If you get good marks, it will be easy to get admission to your dream university.

What is the procedure to get admission?

The Omsk State Medical University Admission Process is easy to execute. Education Vibes can make your journey effortless. We can guide you through the admission process. They follow a direct admission procedure that does not require any donation. Here are the admission process’s steps:

Registration: Our team will prepare your profile based on your details and data. It would be submitted at the university while applying for admission.

Documentation: Here, we need to submit the documents that are 10+2 mark sheets and birth chart or identity proof.

Application Letter: Based on the documents submitted by you. After verification, they will issue the application form.

Validation: You need to submit the application letter, NEET score, and other documents requested by the university. The Ministry of External Affairs and the Embassy will verify your documents.

Invitation Letter: If you meet their eligibility and your documents get validation. They will issue the invitation letter.

Visa: Once you receive the letter of invitation, our first step should be to apply for visa. It is important to submit the invitation letter while submitting visa application.

Departure: We will help to plan your departure after receiving visa. Our team will guide you at the airport before departing. We also provide post-arrival services.

What are the documents required for admission?

To get admission to Omsk State Medical University, you must get these documents ready:

Passport sized photographs
Valid Passport
10+2 mark sheets
Qualified NEET scoreboard
Birth certificate
Medical certificate proving negative HIV
MBBS Fee Structure at Omsk State Medical University
Russian fee structure and living expenses are quite impressive. They are affordable and the total MBBS packages start with 18 lakhs. However, it can vary depending on the university. Omsk State Medical University’s fee structure is given below.

Type of Expense Annual Cost in Rubles
Tuition Fee 289200
Hostel Fee 30000
Visa Fee 1600
Medical Insurance 6000
Total Expense 326800

Summary
Omsk State Medical University is a government university that provides quality education to students at an affordable cost. Their fee expenses start from 18 lakhs. It follows a direct admission process. You just need to fulfill the eligibility criteria to get admission to the university. For that, you need to get qualifying marks in the NEET examination.

AgCredit Case Study

Discussion Questions
1. Propose an organizational structure for the IT department that you feel would support the transformation of AgCredit into a process centric organization.

Turning AgCredit into a process-centric organization is the most important thing at the moment. However, the process should get handled with care. The organization should make the staff recognize business processes especially the department of IT. The organization should also have committee mandated with overseeing implementation of projects. Besides overseeing project implementation, the committee should ensure that they remain within the goals and objectives of the organization. The Chief Information Officer (CIO) should also have a part to play in the boardroom meetings and decisions in the organization (Ali, Warne, Bopping, Hart, & Pascoe, 2004).

2. Outline a project selection process for AgCredit to ensure alignment with the enterprise business vision.

The current situation at the AgCredit does not allow informed selection of projects. Therefore, the organization requires a committee with absolute powers of decision making. Project selection process should ensure that the project has elements of the overall vision of the organization. Besides meeting the overall vision of the organization, the process should also that it incorporates needs and requirements of each department while remaining within the dimensions of SOA (Mittal, Risco-Martin, & Zeigler, 2009).

3. How should Manley “make the case” for SOA to ensure that the executive team at AgCredit buys in?

It is not easy for Manley to convince the executive to buy the idea of SOA. One of the best of the way to convince the executive is showing how AgCredit stands to gain from SOA. Some of the gains that Manley should present are: SOA will consolidate customer details into one repository hence saving the organization time and financial resources required to retrieve the information from fragmented repositories. Additionally, a common process in the organization will enable collaboration between the departments thereby enabling quicker attainment of the organization’s goals and objectives. The technology will revolutionize the business processes at the organization thereby giving the organization competitive advantage (Koetter & Kochanowski, 2015).

4. What new internal IT capabilities will have to be developed in order to create an IT department to support AgCredit’s future business architecture?

The capabilities that AgCredit requires are the management and information management tools. It also requires mechanisms through which information will get delivered within and outside the organization. Furthermore, there is a need to improve the organizational relationships with customers and also elaborate and evaluate roles each employee should play within the organization. However, all the capabilities and tools must align themselves with the requirements and standards of SOA. They must also remain within the authoritative regulations during and after implementation (Marinos, Nikolaos, & Vincenzo, 2015).

5. What aspects of IT governance do you think would be important in supporting this transformation?

The current situation in the organization is in the mess to an extent that each department has different objectives from the overall organizational objectives. The objectives should be similar to one another before implementation of the IT governance. The transformation also needs a committee that will help steer it in the desired direction. The Steering Committee should also involve views of the CIO, who handles the department of IT. Besides the CIO involvement in the steering committee, stakeholders should also play one of the vital roles in IT transformation (Peterson, 2004).