... website or you suddenly lose power. Whatever the potential cause might be, every business needs a disaster recovery plan. Distinctive threats Get started by brainstorming as many scenarios as possible ...
... company should create an emergency succession plan. Contingency people When preparing for potential disasters in the past, you’ve probably been urged to devise contingency plans to stay operational. ...
... new assets or retire old ones — requiring you to increase or decrease your level of coverage. A fire, natural disaster, accident or out-of-the-blue lawsuit that you’re not fully protected against could ...
... costs, bring in more The thought of purposefully losing customers may seem like a sure recipe for disaster. But doing so can help you cut fruitless costs and bring in more revenue from engaged buyers. ...
... include: Financial perils, Information technology attacks or crashes, Weather-related disasters, Regulatory compliance debacles, and Supplier/customer relationship mishaps. Because every ...