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What is your attitude to risk? In the event of a major disruption to your business or a disaster situation are you gambling with your company?
In the event of a disaster there is the "Golden Hour", during the first 60 minutes after a disaster your business future is on the line. With a well conceived Business Continuity Plan, with full back up and implementation your organisation has a much better opportunity of survival and full recovery.
Risks are part of every day business life but today in the early part of the 21st century risks are often interdependent with practices like just in time procurement, supply chains that cannot tolerate disruption, an organisations total reliance on IT and telecommunications systems - a crashed network can spell disaster. Your business is only as strong as its weakest link.
A flood is far more likely than a fire but how prepared is your business to survive a major flood. With climate change, flash flooding and heavy unexpected rainfall can be as devastating as a major computer systems crash.
You have to balance risk and cost. What is the value of your business and how do you protect it from disasters?
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