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Volume 32, Issue 3

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Wednesday, 21 November 2007 23:37

Looking Worldwide Before Disaster Strikes

Written by  Kim Hackett

Following distressing and disturbing events, it is human nature to take stock and to identify lessons learned, in order to minimize the impact of similar future events. Following the Twin Towers attack in September 2001, the business community world wide has looked to identify and implement the precautions needed in order to protect employees and institutions in the future. As recently as a decade ago, the idea of losing hours, or even days, due to unplanned intervention would not have caused undue concern, as contracts and business could take days, if not weeks, to complete. Now, however, technology has enabled a time-sensitive environment where even seconds lost in down time, cost money and business. In the business arena, the clarity of thought that has followed the U.S. tragedies has provoked organizations to re-assess business strategies, and consider business resilience, business continuity and disaster recovery.