The last half of 2021 has witnessed a resurgence in economic activities in the US due to several monetary and fiscal stimulus and increased consumer spending. However, the supply chain challenges, rising price pressure, and lingering virus concerns have increased inflation. Several pundits predict that 2022 may present several disruptions which may interfere with your …
Business Continuity Awareness – Why It’s Important
As a business owner, you need the assurance that your business will continue to operate smoothly despite the unexpected. This is where business continuity planning comes in. A well-developed business continuity plan can help you minimize the effects of a disruption to your business operations and improve your organization’s resilience. However, for your continuity plan …
How to Create and Conduct a Rewarding Crisis Management Exercise
You’ve settled on a crisis management framework to understand your goals in creating a crisis management plan. You’ve written your plan. I can’t stress enough how important it is for you to exercise that plan. Below I’ve included tips to help you think through a rich and rewarding exercise—even if your team is working remotely. …
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