Maintaining stable business operations is key to keeping up with competitors and potentially surging past them when disruptions occur. Given the growing number of risks companies face today, businesses will continue to face ever-changing disruptions, and quickly acting on them requires having a solid business continuity plan (BCP) in place. Is your organization prepared to respond to the myriad of threats that have arisen in recent years?
Across the globe, both public and private sectors are more concerned than ever about addressing climate change and its associated risks. “In the period 2000 to 2019, there were 7,348 major recorded disaster events claiming 1.23 million lives, affecting 4.2 billion people (many on more than one occasion) resulting in approximately US$2.97 trillion in global economic losses,” according to a report conducted by the UN Office for Disaster Risk Reduction (UNDRR).
Enduring the COVID-19 pandemic has highlighted a unique opportunity for businesses in the retail industry to reshape how they operate. With dramatic shifts in consumer behavior and an increased reliance on digital services, retailers had to look for innovative ways to adapt to the current reality. In addition to developing new modes of business, retailers must make every effort to protect their newly minted operations should another major disruption take place.
For those in the manufacturing industry, critical events threaten financial loss due to unplanned downtime, reduced factory utilization rates, lost revenue, and even employees put at risk.
As COVID-19 changed the landscape of global business travel, organizations must respond with agile, comprehensive plans that can account for continually evolving risk environments and regulatory requirements. It has become necessary for many organizations to revise old outlines and plans to match the realities.
RAY BAUM’s Act requires that first responders have the necessary information needed to pinpoint the “dispatchable location,” and quickly reach a 9-1-1 caller regardless of the device they dial from, or their exact location inside a large building. Whether the calling device is wired, wireless, on-premise, or remote, if it connects to an MLTS it will fall under the FCC’s enforcement.