Hurricanes, earthquakes, and other catastrophic events bring the need for disaster preparedness into sharp focus. Companies of all sizes, as well as individuals, must have clear protocols around disaster planning, ranging from immediate response to an event to business recovery practices and proactive defenses against future occurrences.
Without proper planning and collaboration, a disaster amplifies risk around many facets of an organization’s operations, from tax implications and loss claims to, vendor relationships and the supply chain impacts. No disaster happens without serious, long-ranging effects on a business, but proper planning and action can mitigate these impacts.
