In the wake of the catastrophic earthquake and tsunami that have devastated Japan, many international companies operating in Japan have put their contingency plans into place. For some companies this has meant moving employees to another location to ensure business continuity, which may be necessary for many more companies as radioactive contamination from Japan’s damaged nuclear reactors remains a threat.
This situation should serve as a reminder to businesses around the globe to evaluate their own contingency plans to make sure that they are up to date and review them with key personnel. Whether you are in New York or Nebraska, you never know when disaster might strike and you should be prepared to keep your business operating and your employees safe.
Most companies can weather minor disruptions, but many are unprepared for a truly catastrophic event, even in areas where such events are likely to occur such as coastal cities, or cities located on fault lines.
Is your company’s contingency plan sufficient to weather a disaster situation?