Resilience – Putting a Solid Emergency Operations Plan in Place
If catastrophe strikes, how would your business cope in the hours, days, weeks to follow? Begin to plan by having a general awareness of any potential risks to your business, through collecting data via risk assessments – and calling on experience.
To become resilient many businesses establish a set of action protocols and business continuity plans. This, combined with the right communications technology, infrastructure, human resources, and extra financial provisions will help your business to respond effectively and quickly to events that are high-consequence and low-probability, such as the Novel Coronavirus outbreak. If your people know how to act, and your business has the appropriate insurance coverage, you’ll be much better equipped to brace for - and recover quickly from impact.