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Volume 32, Issue 3

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Thursday, 22 November 2007 00:01

A Crisis Plan Is A Must Have For Every Company

Written by  Edward Moed

How would your company evacuate and communicate with employees if a dirty bomb exploded within a 10-mile radius or your building was threatened with radioactive, biological, or chemical agents? Or what if a new, more sophisticated cyber-terrorism attack from a Mideast terror cell suddenly penetrated your firewall and shut down your operations completely? Does the current crisis plan gathering dust on your shelves really provide up-to-the-minute protection for these types of events? Any crisis management plan prior to Sept. 11, 2001, is obsolete since it does not deal with many of the new potential terrorist activities that are now part of our consciousness. At the same time, American businesses are facing a virulent situation – the fallout from the Enron/Andersen debacle. The ensuing virus-like effect of “Enronitis” is infecting every company or industry that was ever affiliated with the now bankrupt energy-trading giant. Manufacturing conglomerate Tyco, the latest company to be scrutinized for