It can’t be all that bad. We’re insured.
… We have data backups…
We can move to the other building, or set up in that closed restaurant up on High Street. Anybody recall who is managing that property now? If we can’t get the special windows from supplier X, supplier Y ought to be able to come up with enough until supplier X is normal again.
“… It can’t be all that bad. We’re insured …”
in the U.S., where material resources, transportation, and banking are available in good measure, official data show that 40% of businesses don’t reopen at all after a catastrophic event, 25% more fail within a year, and in two years shut downs reach 90%. Maybe we ought to put some effort into how to respond, rather than suppose that our reactions at the time will work just fine.
Does this make assessing threats, planning how to avoid problems, oversight of alternate facilities, testing communications, and conducting exercises and drills seem more attractive? Yes, if we have a unified way of organizing and budgeting these that convinces top management.
Stay tuned. That is where we are going.