Disaster Prep: Business continuity management

August 15, 2018
| United States

In this installment of Disaster Prep, we focus on how to mitigate potential business losses due to human error, criminal activity, or natural disasters such as hurricanes, floods and tornadoes.

Disasters can occur from natural causes, human error or criminal activity, and virtually every company, no matter its size, has a genuine exposure to catastrophe. The key is to be prepared: Both a business continuity plan and a disaster recovery strategy – which detail immediate, effective actions to be taken should disaster strike – should be in place well before an incident occurs. Whatever the threat to company assets, a current, detailed and flexible plan will enable your organization to survive – and thrive.

Why have a plan?

Many organizations that operate today are no longer truly “independent.” In many cases, processes are very interdependent and complex, with many players involved. Due to these interdependencies, adverse reactions resulting in loss at one location or department, or even a third-party supplier, can quickly escalate with far more significant consequences for the overall company.

Download our business continuity guide at the top or bottom for more information including:

  • Key components of an effective plan
  • An eight step process for creating a plan
  • Key roles and responsibilities

We’ve created this Disaster Prep series to help you prepare for, protect against and respond to the effects of a natural disaster, such as a hurricane, flood or tornado.

Please see our other reports in this series:

For more information, please review the resources on our Disaster Response Center or contact your local Willis Towers Watson client relationship director or risk control consultant.

Related solution