Planning For DisasterMany businesses are not prepared for disruptive events which can leave them and the public at risk. Continuity planning is the process by which decisions are made to prepare for disruptive events that can interfere with normal business operations. Calamities that strike businesses on a daily basis can take the form of power outages, cyber-attacks or employee related challenges. Low-probability high-impact events like natural disasters, terrorist attacks, and public health emergencies can wreak havoc on businesses. Most industry experts’ agree that business continuity planning can help organizations better manage adversity. When disaster strikes a business that is not prepared, it can become a temporary setback or fatal blow. Organizations may feel that disasters will not strike them or that advance preparation is not necessary. Operating with such a premise can be extremely risky.
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