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Figure out the risks that are most likely to occur for your specific organization. Determining potential risks is one of the most important aspects of a contingency plan. This won’t be a one-size-fits-all process. You need to determine the risks that are unique to the organization. There are many possible risks that businesses can face.
Natural disasters, such as floods, hurricanes and droughts may require a contingency plan.[4] Other possible risks include a crisis, work site accident, personnel problems (like death of a leader or a strike), data loss, mismanagement, and product issues (like a recall).
You should focus on areas including management, communications, financial resources, coordination, logistical and technical responses.[5]
Technical disasters can include those components of your organization dealing with communication infrastructure. You will want to consider potential loss of data or customers.[6]
3Figure out the risks that are most likely to occur for your specific organization. Determining potential risks is one of the most important aspects of a contingency plan. This won’t be a one-size-fits-all process. You need to determine the risks that are unique to the organization. There are many possible risks that businesses can face.Natural disasters, such as floods, hurricanes and droughts may require a contingency plan.[4] Other possible risks include a crisis, work site accident, personnel problems (like death of a leader or a strike), data loss, mismanagement, and product issues (like a recall).You should focus on areas including management, communications, financial resources, coordination, logistical and technical responses.[5]Technical disasters can include those components of your organization dealing with communication infrastructure. You will want to consider potential loss of data or customers.[6]
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