Flood risks are increasing globally and pose a threat to business operations. Between 2018 and 2023, flood damage expenses in the U.S. totaled an estimated $20-$50 billion. The business impacts from flooding can include employee safety, building damage, supply shortages, and more. Preparing for and understanding the flood risks surrounding business locations will reduce the potential impact. Why are Flood Risks Rising? The warmer climate is a factor in producing more precipitation and increasing flood chances. For every 1 degree Fahrenheit warmer the atmosphere is, it can hold 4% more moisture. The extra moisture in the air produces more powerful…
Impacts of Climate Change on Tropical Systems and Risk Mitigation
Severe weather is not a new phenomenon. The U.S. has a long history of dealing with extreme weather events such...
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Telecommunications During Crisis: New Models for Rising to the Challenge
Disasters cause thousands of deaths and billions of dollars in damage worldwide each year, according to Statistica.com. In the aftermath...
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Leadership Series: Communication is King
EDITOR’S NOTE: This is the third in a series of business continuity-related leadership articles from Nita Kohli, exclusively on www.drj.com. Previous articles:...
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What ‘Six Blind Men and The Elephant’ Tells Us About the Future of Business Resiliency
One of my favorite parables is the “Six Blind Men and the Elephant.” It is originally from India, with one...
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