A Semi-Simple Way To Boost Your Business By Handling Problems As They Occur
Building redundancies into your systems protect you from the days when a component of your business, or life, has a dire failure.
What is a redundancy?
Redundancies act as an insurance policy for a given system.
They’re designed to help avoid a single point of failure that can potentially compromise an outcome. For redundancies to work, they must function independently. They must be designed to continue operating even if a component of the system fails.
Many of the systems on an aircraft have redundant parts, so if one part fails (a point of failure), the aircraft keeps operating safely.
But beware, redundancies have problems of their own.
Redundancies obey the law of diminishing returns.
At a certain point, adding more redundancies will increase weight, cost, complexity, time, etc. You wouldn’t want an aircraft to have twenty-four engines, or the ticket to fly would be in the tens of thousands of dollars.
Redundancies also add additional points of failure.
