We are just a few days away from 2017, wondering what it will bring. Everyone is deciding what their New Year's resolutions will be. What will you do differently in your personal life? And what changes are you going to make in your business and professional life? This is the perfect time to reflect on what went well for your company this past year; and what was less than perfect. It is also the prime time to do some planning and preparation.
Incidents have a global impact.
One only needs to look back on 2016 to remember how many natural disasters occurred. This was one of the deadliest Atlantic hurricane seasons since 2005, spanning all the way from mid-January to the end of November. Out of 1,766 deaths this season, 1,659 were attributed to Hurricane Matthew alone. There were also massive earthquakes in Ecuador, Italy and the Solomon Islands, and rampant wildfires in the Southeastern United States. At first blush when these incidents are looked at separately, the impact might not be considered all that high. However when you really think about the global impact of incidents like earthquakes, sudden flooding, snowstorms, power outages, fires, and hurricanes, you quickly realize how these seemingly isolated incidents resulted in real impacts on your bottom line.
The New Year is the time to start.
I suggest you take this week to get ready for the year ahead. Do a threat risk assessment. Really look at the results of this process and consider how these threats will impact your business and bottom-line. Next, take action. Work with a proven leader in the industry to put together a business continuity plan. When done effectively, the creation and implementation of this plan doesn't have a big impact on the day-to-day operations of your business. Ultimately you will have the peace of mind that your company and its assets are protected in the event of disaster.