Experts encouraging more continuity of operations planning
Natural and manmade disasters are presenting new and complex risks for businesses every year, and more experts are calling out for advanced disaster recovery planning.
Capital One recently made a call for businesses to consider their continuity of operations plan and ensure they are prepared for whatever Mother Nature has to bring. With hurricane season beginning, this is particularly important for businesses along the East Coast and in the Gulf. The banking firm noted that it is essential that companies consider all of the outlying factors involved in business continuity planning as well – including their banking needs.
A Florida-based disaster recovery expert recently focused on disaster preparedness as well, highlighting the need for businesses to act now, rather than waiting for a storm to strike.
"A business continuity plan will help owners and managers plan for the safety and survival of employees and business infrastructure to ensure that companies retain their customers and continue to serve them despite economic hardship from disasters," said Florida MEP Disaster Recovery Expert Jean Paul Aliaga. "Many businesses forced to close after a disaster never reopen."
A report from the U.S. Chamber of Commerce Foundation has also focused on the impact businesses have on disaster recovery efforts on a broad scale. The more a company does it prepare itself the more it is able to assist the local community when a crisis strikes as well. Titled "Changing the Game: How Business Innovations Reduce the Impact of Disasters," the report highlights how businesses can make a difference – but not without preparing themselves to weather a storm.
Hurricane season lasts from June 1 to November 30 in North America, and with Hurricane Arthur already passed by, it is essential that firms consider what they need to do to prepare immediately before the next storm arrives.