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How Natural Disasters Impact Businesses

How Natural Disasters Impact Businesses

Businesses spend so much time worrying about what they can change that they often don’t think about how they’ll deal with what they can’t change. For instance, although most businesses are deeply concerned about taking the steps they need to protect their data from cybercriminals, they may be less aware of the threat natural disasters pose to their sensitive information. If a hurricane or earthquake disrupts the power supply to your company’s servers, what will that mean for you and your customers? If roads around your distribution center suddenly are impassable due to wildfires or floods, what alternatives will you have for maintaining your supply chain? These are questions of which businesses may be vaguely aware, but not every business spends enough time thinking about how it would answer them.

Natural disasters can strike practically anywhere in the world. No matter what form they take, they can cause severe disruptions to the vital infrastructures businesses depend on to do their jobs. Whether these disasters interrupt electricity or other utilities, shut down major transportation routes, prevent employees from coming into work, or any other type of impact, businesses need to prepare themselves for the consequences of natural disasters and have a plan in place for any eventuality.

For all of these tips and more, the guide below contains some of the most significant ways natural disasters can impact businesses as well as some tips businesses can follow to protect themselves.

This was created by Precision Software


Author bio: Jeff Flanagan is Senior Solution Consultant for Precision Software, a trusted leader in global trade and transportation execution. He has been in the supply chain execution industry for 35 years in support, implementation, project management and sales consulting.