Final answer:
The first step in creating a disaster recovery plan is to conduct a risk assessment, not contact an insurance agent. After risk assessment, strategies, response procedures, and data backup plans must be made before discussing insurance coverage. In a meteorite crash situation, safety and emergency services take precedence, followed by scientific inquiry and insurance assessment.
Step-by-step explanation:
Formulating a Disaster Recovery Plan
The first step in formulating a disaster recovery plan for an HR department is not to contact an insurance agent about necessary coverage. While insurance is an essential component of disaster recovery, the initial step should involve conducting a thorough risk assessment. This process entails identifying potential disasters, their likelihood, and their possible impact on the company. Once risks are assessed, the next steps include developing strategies to mitigate these risks, creating response procedures, backing up data, and establishing communication plans. Only after these critical components are in place should you consult with an insurance agent to tailor a policy that covers the identified risks adequately.
Regarding the scenario of a meteorite crash at one's home, the immediate action would involve prioritizing safety, contacting emergency services, and then reaching out to a geologist or local university to deal with the meteorite. Subsequently, engaging with your insurance company to find out if your policy covers such an event would be necessary.