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A critical incident that causes destruction, loss, damage and distress to an organisation has a massive financial impact. All companies which suffer a disaster will see a negative impact in shareholder value and cashflow. At MGP we use a "Value At Risk" model to assess the likely financial impact of a catastrophe on your business.
We have found in many cases the financial impact can be devastating to even an multi-million enterprise. For a initial set up fee and annual premium MGP will assess the risks to your business, develop a business continuity plan and lay down the foundations for a disaster recovery implementation strategy which will help ensure that your organisation gets back to business as soon as possible, thus minimising the financial impact to your bottom line.
The cost of being unable to recover from a disaster can lead to corporate meltdown and financial ruin. The smaller the business the more likely that it will cease trading after a catastrophic event. Whether your business is an SME or corporate MGP will always recommend a strategic view of crisis management and disaster recovery. Always prepare for the worst - it will happen to some company somewhere.
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