When a disaster interrupts your business operations, a well-thought-out continuity plan can help keep your business afloat. Here are five steps you can take to protect your company from becoming one of the 40% of businesses that close up for good in the aftermath of a disaster.
Given the outbreak of COVID-19 and its disruptive impact on supply chains, many are looking to diversify their manufacturing locations. We provide an analysis of the pros and cons, current state, and outlook for major markets outside of China.
Many American businesses have been forced to close or drastically cut back operations due to an unprecedented pandemic affecting the entire globe. Thankfully, the government, communities, and even private business have stepped up.
How can businesses and shareholders think about ensuring their survival in an evolving pandemic? Business continuity plans have gone out of the window. How can they be adapted to survive the current situation?