Business Continuity Investments Worth the Cost: ROI Analysis Shows Benefits Outweigh Expenses ReadyGlobal 1,275 followers May 11, 2023 "We need to step up investment in risk reduction, prevention, and preparedness - the most effective ways to reduce disaster...
Consider some of the headlines global executives have seen in the past year: "Ukraine crisis threatens global supply chains" - Financial Times, April 2022 "Ukraine war adds to global steel industry's worries" - Reuters, March 2022 "Ukraine crisis rattles automotive...
Mitigating Financial Risks in the Face of Numerous Disruptions The importance of business continuity management in today’s business world is more important than ever before. Your company’s ability to continue operations during and after a major disruption, crisis, or...
By Michael ScalesThe United States is a country that is no stranger to natural disasters. From hurricanes and tornadoes to floods and wildfires, the country has been hit by its fair share of destructive events. In recent years, the frequency and intensity of these...
In today's post-pandemic economic environment, business continuity planning is becoming increasingly important for companies that want to win and retain top revenue-generating client-vendor relationships. Companies are recognizing the value (and need) of having a...
In 2021, the World Economic Forum, in partnership with Deloitte Global, surveyed 2,260 private and public-sector CXOs in 21 countries to determine the proactivity of companies to invest in cultural resiliency. Companies that invested in mitigating operational...
Floods have caused more than a third of natural catastrophe-related fatalities since 2011. And global flooding trends have been on the rise over the past several decades. This increase in flooding can be attributed to a variety of factors, including: Climate...
Based on recent train crashes in the United States and Greece, the transportation industry is on notice. Beyond the obvious tragedy of injuries and fatalities, the residual environmental hazards will force the hand of transportation to absorb the higher cost of...
I recently read an insightful piece by #Fortune writer Martine Ferland on the proposed new social contract for the workplace in a post-pandemic world. "Companies emerging from the pandemic entered a new world, where the metrics for measuring an organization’s...
RESILIENCE, not resolutions should be 2023's mantra. In 2022, there have been 15 weather/climate disaster events with losses exceeding $1 billion each in the United States alone. These events included 1 drought event, 1 flooding event, 10 severe storm events, 2...
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