Developing the Dynamic Model to Implement Business Continuity Strategy in a High-tech Industry

Mohammad Reza REZVANIANZADEH, Asadollah KORDNAEIJ, Seyed Hamid Khodadad HOSEINI, Parivz AHMADI
1.683 641

Abstract


Abstract. Nowadays, despite the economic and technological developments, business continuity process is discussed as a necessity in the organizations and management of this process is known as an essential part in all areas of business. So that an organization's ability to maintain and continue its vital and core activities after an accident, interruption and also the speed of recovery and return to normal state can be introduced as major factors in the success or failure of an organization.  The issue of implementing business continuity management in high technology organizations, which sometimes have sensitive knowledge as well, is of particular importance, because on one hand, they  are more exposed to risks of natural (earthquake, hurricane, volcano, flood, etc.) and technological (explosions, fires, etc.) incidents and on the other hand, they are exposed to air strikes, terrorism, cybercrime and bioterrorism. This paper tries to develop the implementation of business-continuity strategy model in a high-tech industry for the first time.In this paper, a set of quantitative and qualitative methods have been used to plot research models. Overall, based on conference with experts, 52 variables in nine major structures were determined as the main factors of the implementation of BCC strategy in an industry with high-tech. After drawing cause and effect diagram, dynamics model of business-continuity strategy was simulated for ten years through Vensim software. Based on the research findings two policies were formulated and reviewed.


Keywords


Strategy, implementation of the strategy, BCC, system dynamics modeling, high-tech industry

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