The Importance of a Plan

Today, businesses face a myriad of challenges in growing and sustaining themselves. These challenges include factors that are within the organization’s control and many that are not. We will explore a planning process that harnesses the power of what you can control and the collective knowledge of your business or organization. Through this process, you will empower yourself to minimize the risks of disastrous events and crisis that are beyond your control. The need for this planning is to help protect people, equipment, systems, and facilities from the dire impacts of disasters. In an age of information deluge, there has never been a time when the need for disaster planning has been so apparent. Yet, despite our awareness of the impacts that tragedies like 9/11, Hurricane Katrina, and the western wildfires have had, disaster planning remains overlooked in many homes and businesses across the country.

The Association of Records Managers and Administrators reports that 60 percent of businesses impacted by a major disaster close within two years of the event. Similarly, the Strategic Research Institute states “companies that aren’t able to resume operation within 10 days of a disaster are not likely to survive.”

Time magazine reports that the Hazards and Vulnerability Research Institute at the University of South Carolina finds that “91 percent of Americans live in places with a moderate to high risk of earthquakes, volcanoes, tornadoes, wildfires, hurricanes, flooding, high wind damage, or terrorism.” So, with all the media images, television reports, magazine articles, and research studies, why aren’t we better prepared? Read the full article.

Source: Adjuster Insights Online

Author: Dave Mistik