Corporate Crisis Management Blog
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3 Crisis Management Case Studies We Can Learn From
Of the more than 27 million U.S. businesses in operation, an incredible 99 percent are small businesses with fewer than 500 employees. These smaller firms are arguably the most vulnerable to emergencies. In fact, nearly 40 percent of small businesses close following a disaster. This is proof that small businesses need to be effectively prepared for any crises that may hit.
Risk & Costs of Not Having a Business Continuity Management Program
Considering the number of threats that organizations face today, it may be surprising to learn that the majority of companies are not prepared for a business-affecting emergency. Unfortunately, it’s true: The Disaster Recovery Preparedness Council found that nearly three quarters of organizations worldwide aren’t properly protecting their data and systems.
3 Differences Between Emergency Preparedness and Business Continuity
Emergency preparedness, business continuity, crisis response, emergency management: These and other related terms are often discussed as if they are synonyms that all refer to the process of responding to and mitigating a crisis event. In reality, they are very different business functions. It’s particularly important for organizations to understand the difference between emergency preparedness and business continuity in order to ensure that they are correctly accounting for each.