Intelligent CIO Europe Issue 22 | Page 40

business ‘‘ TALKING //////////////////////////////////////////////////////////////////// comprehensive communications plan that keeps external and internal stakeholders informed and supported is critical. While financial losses and a damaged company reputation are often cited as consequences of poorly handled crises, there is another impact that gets a bit less attention. The human cost of downtime A third area of concern uncovered by this study is the scale of the challenge business leaders are facing mentally and emotionally. It comes hot on the heels of ‘burnout’ becoming a legitimate medical diagnosis listed in the World Health Organisation’s handbook. In the face of technological disruptions, 54% of respondents admitted to suffering from stress-related illnesses and/or damage to their mental well-being in the event of a crisis. In today’s hyper-connected world, with the C-suite inextricably tied up with brand identity, our findings highlight the extent to which senior executives are linked to their company’s resilience – or lack thereof. In the UK, 49% of CEOs have been affected by stress and mental health issues, rising to 62% among CIOs and CTOs. Interestingly, with business leaders more extensively profiled online today, a contributing factor to their stress and mental well-being is the abuse these executives receive across social media platforms from those who hold them accountable for technology crises. Just over half (53%) report abuse online or verbally and, in some cases, even physical threats. Moreover, a fifth (20%) also report this abuse extends to their family and friends. The research also revealed the negative personal impact technology crises can have on a firm’s leadership abilities. Some 30% of executives find strategic decisions more difficult to make, with 24% finding it harder to provide clear direction for the business – putting the future of their jobs into question. 40 INTELLIGENTCIO This revealing insight into the mental state of the C-suite demonstrates why business strategy must go beyond ensuring a robust and agile infrastructure. during and after a business disruption. The growing digital business ecosystem will put increased demand on data centre performance, security and resiliency. An organisation operating today needs to also ensure the resiliency of those responsible for resolving major crises. Any disruption will have even greater impact on an organisation’s productivity and profits – putting employees under even greater pressure when things go wrong. Accordingly, executives on the front line need to be armed with the right counsel and support to navigate disruptions more effectively. Companies can minimise risk and adapt to disruptive events by embedding resiliency into and across their environment. How organisations can tackle this now Companies must take steps today to minimise risk and adapt to disruptive events by embedding resiliency into their environment – making their business and IT operations more available, safe and agile: • Strike the right balance between data access and security requirements amidst evolving threats • Align the right applications with the right platforms and use hybrid IT to minimise complexity, maximise efficiency and deliver agility • Understand the priority levels of critical business applications and plan their recovery in accordance • Ensure processes, applications and infrastructures are recoverable and available for continuous business operations • Design a thorough communications plan addressing internal and external stakeholders • Conduct regular testing of recovery plans to identify gaps and ensure readiness for a real event • Provide employees – especially those most accountable – with guidance to communicate with family members, and support staff accordingly through periods of significant disruption • Make counselling available for senior leaders of a business after significant disruption An effective resilience framework looks at how the organisation and IT infrastructure can be available, safe and agile. In addition, steps must be taken to support employees, particularly those in the spotlight, during and after a significant disruption. Businesses that can demonstrate this holistic approach will no doubt gain credibility among their customers, partners, employees and investors – in their own industry and beyond. n To address all the business imperatives identified in our research, including the new ‘personal’ resilience imperative, business strategies today must go beyond ensuring critical infrastructure is robust and agile. Boards must take a more holistic approach to business resilience and consider how they can train staff to be better prepared before, www.intelligentcio.com