Globally, there is competition for raw materials and human resources. Business
organizations and entrepreneurs have established industries that are used in the production of
goods and provision of services. Establishment of more industries and business organization has
led to the creation of employment opportunities. The organizations require attendants, the staff,
the cleaners and the information technology technical that are responsible for ensuring that the
systems are effective to the organization. Availability of labour in the industries and other
organizations has led to the creation of finances to cater for the organization development. The
employees in these industries require salaries that are disbursed at the end of every month. Due
to the availability of industrial organizations investors have come up with strategies to deal with
the rising cases of competition in the global business environment (Gostin & Friedman, 2015).
Organizations are using the advertisement platforms to advertise their products to the
consumers. Their goal is to inform and persuade the consumers about the availability of the
products in the organizations. For instance, business merchants are using the media to advertise
their products. The modern technology has led to the creation of employment opportunities.
Organizations have adopted business strategies that are significant in the scramble for raw
materials, consumers and the human resource. Advancement of the modern technology is
currently the main cause of high competition in the business enterprises. Establishment of more
business industries, companies and corporation has led to the establishment of financial
organizations (Gostin & Friedman, 2015). The World Bank is a financial organization that deals
with the provision of banking services to business individual, corporation, organizations, and
other large companies. The World Bank is known because it is the organization that provides
loans and grants to the government. There is the establishment of business organizations in the
WORLD BANK DISASTER RECOVERY PLAN 3
world. The establishment of these organizations has been brought by the increasing number of
birth rates. Due to the high population, the investor has identified a gap that is available in all
countries. The investors have introduced a financial organization that deals with the provision of
financial resources to the government and other business organizations (Ward et al., 2015).
There are issues that have led to the failure of the provision of financial services by these
business organizations. Availability of cybercriminals is the rising trend in the management of
banking organizations. Cyber attacks are common in the departments that are responsible for
controlling the money resources in the economy. The criminals use the usernames and the
passwords used by the technicians to access the information in the data system. Theft of
significant information about the organization can lead an uncontrollable impact on the
organization. The organization can lose a huge amount of money if the systems are attacked by a
cybercriminal. It’s therefore important for large organizations to come up with a disaster
recovery plan. The plan enables the organization to recover the resources that it may lose in the
future. The recovery plan entails the aims and the objective that the enterprise wants to achieve
during their trading period (Serrao-Neumann, et al.,2015).
Since it’s impossible to control the nature the organization may not be able to come up
with disaster recovery technique during planning. The cases of the occurrence of natural
calamities in the business environment are somewhat fatal. The management can decide to deal
with the issues that are caused by human activities. However, the organization can strategize on
using business knowledge to control natural occurrences. Availability of cyber attackers is the
most critical problem that organizations should address (Pyles et al., 2018).
WORLD BANK DISASTER RECOVERY PLAN 4
Introduction
To minimize the impacts of the effects of cyber security and other disasters that are
evident in business organization, its significance for an enterprise to come up with a disaster
recovery plan at the beginning of the trading period. There is a need for the government to
establish policies that must be used by every business organization to curb the problems that may
occur during its existence (Serrao-Neumann, et al.,2015). The government is supposed to come
up with the laws to control the occurrence of disasters that are caused by human activities. It
should provide for the establishment of systems that should be used by businesses to submit their
disaster recovery plan at the beginning of their trading period. The strategy would help the
investors to cope with cyber activities since the plan will include the financial resources that will
be set aside by every organization to curb the rising issues of business insecurity.
An organization that has a well-organized disaster recovery plan can afford to maximize
huge amounts of profit where the investors are attracted by the business activities and systems.
Entrepreneurs are likely to invest in the business organizations where security of their financial
resources is assured. For example, a banking institution that has a security system and the
organization has a disaster recovery plan; the organization is likely to attract more investments
thus increased profits (Gostin & Friedman, 2015).
Advancement of the modern technology has led to increased production of goods and
services.The systems that are used in the organization are efficient and can accommodate
changes. Organizations are using various strategies to manage the business operations effectively
(Gostin & Friedman, 2015). Use of the real-time type of communication strategy is an important
model that has been used by most of the business organization. The strategy entails the
communication of the manager about the managerial decisions to the business enterprise. The
WORLD BANK DISASTER RECOVERY PLAN 5
manager provides effective managerial decisions that play a great role in the development of the
company. Technological advancement has also led to improved consumers and the organization
relationships. A good interaction between the organization and the consumer leads to high-profit-
margin since the consumer is satisfied with the products in the organization and therefore they
tend to purchase more commodities. On the other hand, there are challenges that have evolved
due to the use of the modern technology. Individuals are now equipped with knowledge of the
cyber technologies. Due to their advancement, people have discovered the criminal technique of
accessing organizational sites to capture confidential information. It’s therefore important for all
business organization to secure all the systems in every department (Serrao-Neumann, et
al.,2015).
Executive summary
The World Bank is an organization that deals with the provision of financial resources in
form of loans to the third world countries. The organization specifies the provision of these
resources for them to complete the infrastructural project. The organization provides health
facilities, aids and donations to the individual in these countries. The aim of the organization is to
help the people who are living in these countries get the basic needs. The organization eradicates
in the fight against poverty (Gostin & Friedman, 2015). The organization provides donations,
for example, clothing, food facilities and provides proper housing facilities to the people in these
states. The countries that have not yet achieved the objective of overnutrition are the significant
targets of the organization.
The organization is responsible for providing basic education to the people in the
developing countries. For a decade, there have been a number of uneducated children in the
developing countries. The organization provided education facilities where it establishes
WORLD BANK DISASTER RECOVERY PLAN 6
education centres for both the young and the aged (Serrao-Neumann, et al.,2015). Globally, their
number of women has drastically increased compared to that of men. The organization is
responsible for ensuring that gender balance and equality is maintained in the developing
nations. The organization has been using strategies such as action plans to empower women
economically (Gostin & Friedman, 2015).
The organization ensures that the mortality rate for the children below the age of five
years is reduced. Globally, nations are supposed to ensure that children are prevented from
diseases. The government is supposed to provide health facilities to the children, therefore,
reducing the mortality rate. Most of the children in the developing countries die where the
government is responsible for providing the measures to prevent the death of children. The
World Bank provides health facilities to these countries, therefore, minimizing the mortality rate
(Bolin & Kurtz, 2018).
The World Bank ensures that the developing countries develop its infrastructure and
achieve the global development goal. The donors are supposed to fulfil what they had pledged to
achieve a global development environment. The bank ensures that maternal deaths have reduced
in the developing countries. A large number of women die during pregnancy where in some
instances; the death can be controlled (Gostin & Friedman, 2015).
The organization provides the facilities that are required by women during childbirth. The
organization intervenes on the causes of maternal deaths to women. The organization develops a
plan that is used in ensuring maternal deaths of women is reduced.
The organization provides curative methods and health facilities to curb the spread of
diseases such as malaria and virus such as the HIV virus. The HIV virus is evident in the
developing nation. Due to its development, the World Bank provides programs that are essential
WORLD BANK DISASTER RECOVERY PLAN 7
in maintaining the health conditions of the people living with HIV virus. The business
organization also provides the facilities that are used in preventing the spread of diseases such as
malaria in the developing countries (Mannakkara & Wilkinson, 2014).
However, there are challenges that affect the organization. Cyber attacks that have
hindered its development. The cases of cyber-related activities have been reported in the World
Bank organization. The employees in the organization are equipped with knowledge and skills
that have enabled the organization to deal with the crime. Due to the [possibility of the
occurrence of cyber attacks in the future, the world bank organization has introduced significant
strategies in dealing with the cyber insecurity (Aldrich & Meyer, 2015). They are the analysis
that has been put in place during the formation of the organization. Business analysis is an
example of a strategy that has been used by the organization to explain the impacts the bank will
incur in the future in case a disaster will be reported.
The analysis provides the measures that the organization is supposed to consider in case
damage occurs. The risk analysis is a strategy that the bank uses in dealing with the challenges
that may occur in the future. The analysis addresses the issue on the issue that is related to the
organization systems.
The risk analysis enables the organization to come up with the challenges that affect the
systems in the organization. The analysis provides for the security of the consumer information
in the system. The disaster recovery planning team is established just after the analysis of the
risk. The team is responsible for providing important facilities that would be effective in the
prevention of future occurrences (Bolin & Kurtz, 2018).
Financial resources are provided to the departments that are responsible for minimizing
the chances of the occurrence of the damage to the organization. The business organization is
WORLD BANK DISASTER RECOVERY PLAN 8
responsible for meeting the objectives of the organization. It’s significant to give an organization
enough time to recover from the last damage since there are bureaucracies in the implementation
of a plan. It is significant to set a realistic goal in the organization to enable the organization to
convince its consumers thereby enhancing business success (Gostin & Friedman, 2015).
The World Bank Disaster Recovery plan
Globally, the world bank is a well-known organization because of its business operations.
Therefore, there is a need for it to be careful when carrying out its operations to avoid disasters
that may arise in the future. Despite the criticism that the organization has been getting from
other organization, the institution has involved itself in the mining of important gases and
petroleum products (Ward et al., 2015). It's therefore vital for the organization to be careful while
planning all the activities in its operations. The bank has been using strategies to cope with the
disasters that may probably arise in the future. The bank has focused on the measuring the
performance of the bank on its business operations. The organization has been providing banking
and aid facilities to other institutions and countries respectively (Bolin & Kurtz, 2018).
In the evaluations, the bank has been focusing on the development of individual countries
in terms of its economic development. The organization focuses on the assessment of individual
well-being. The system of the assessment enables the organization to come up with the policies
and programs that enable the organization to avoid disasters that occur in the lifecycle of an
organization (Aldrich & Meyer, 2015). Here the organization is forced to focus on the
achievement of the organization objectives by implementing the policies that are evident in the
plan. There is the evaluation of interventions that aim at the maximization of the reduction of the
rate of poverty in the developing countries.
WORLD BANK DISASTER RECOVERY PLAN 9
The way the World Bank deals with the way it accesses the organization information is a
key method of avoiding disasters that may arise in the future. The organization has come up with
a technical system of information breakdown to the members of the public. The members are
now getting information about the programs, the projects that the organization is about to start,
the proceeding of its board, and the projects that are about to be implemented (Pyles et al., 2018).
In the last one decade, the means by which the organization has been disclosing its
information has changed due to evolution.thr bank usually discloses the information that is not in
the list of the organization exceptions. It means the organization is able to establish
accountability and transparency in all the institution in the world. The way the organization
maintains confidential information to the public enables the organization to realize its objectives
at the end of its trading period. The organization is able to implement its projects and programs
that it has established in the respective countries (Aldrich & Meyer, 2015).
Risk identification is the first step in the implementation of the plan. The organization
establishes a plan that must be able to favour the current and the activities that may probably
occur in the future. When coming up with the plan, the organization focuses on the disaster
intensity. The organization comes up with the measures that may take into account when
implementing the plan (Gostin & Friedman, 2015).
The World Bank is an organization that deals with the provision of financial facilities and
services. It is therefore significant for it to be careful with both the employees and the systems.
Technological advancement has led to an increase in the ceases of cyber insecurity. People are
now able to access the systems of individuals in the organization. Cybercriminals are using the
websites and other platforms to make the innocent account holders provide confidential
information about their accounts. Due to the increase in cyber insecurity the World Bank has
WORLD BANK DISASTER RECOVERY PLAN 10
come up with methods to protect individual accounts. The system is secure in a manner that the
individual accessing the site must provide all the account details including the private usernames
and the passwords (Mannakkara & Wilkinson, 2014).
The shareholders are advised to make their accounts confidential where they are not
supposed to reveal any information about their accounts. In some cases, the systems are run by
more than two individuals where no transaction can be done where one client is not present. The
strategy has helped the organization protects itself from cybercriminals that are using the systems
of the organization to fraud a huge amount of money (Ward et al., 2015).
Steps in the Development of a recovery plan
Shareholders are important determinants of the existence of the organization. It is
therefore important for the organization to involve them in the decision making. The
organization sets up the rules and regulations that are supposed to be followed by every member
of the organization. The members are supposed to ensure that all the rules regarding the
organization are implemented (Aldrich & Meyer, 2015). The organization highlights the risks
that are likely to occur during the operations and the activities of the organization. The cyber
attacks and the breakdown of the system of the organization are given the first priority. All the
operations of the organization are evaluated and monitored to comprehensively implement the
plan.
Recovery plan checklist.
When developing a recovery plan, the following are the details that must be taken into
account. The scope of the plan must be well analyzed.These are the operations pertaining to the
institution. The organization must have a good layout of the important documents that highlight
the objectives and the goal of the company (Bolin & Kurtz, 2018).
WORLD BANK DISASTER RECOVERY PLAN 11
Awareness about the availability of the risk.
The history of the disaster.
A disaster recovery team is developed.
Managers should be very active when a disaster recovery team is
developed.
The plan should be updated annually.
The World Bank Disaster Recovery Plan
The pan must allow being specific branches of the bank. The plan must address the
following areas for the plan to be well implemented.
A recovery plan for information security. The organization must allocate information
hubs the sources of power and the time that is taken by the organization to recover from the
recent disaster.
Information based. The organization is supposed to come up with a plan that entails the
storage of important information, the systems and all the backups that may be needed by the
organization.
A recovery plan based on the network. The organization must have a good computer
network to enhance efficiency when sending and receiving important information while carrying
out its operations (Pyles et al., 2018).
Conclusion
Globally, technological advancement has brought out trends that have become a disaster
in most of the organizations. The cybercriminals are using organizational systems to fraud a huge
amount of financial resources. Due to the availability of the trend, organizations have come up
with disaster recovery plans to deal with the increase in the cyber insecurity. The plan ensures
WORLD BANK DISASTER RECOVERY PLAN 12
that the current and the future activities are considered. The managers are responsible for
ensuring that the disaster recovery plan is implemented for the organization to realize its
objectives at the end of its trading period.
WORLD BANK DISASTER RECOVERY PLAN 13
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