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Why Crisis Management Preparedness Matters

everbridge

Almost 70 percent of leaders have dealt with a corporate crisis in the last five years, PricewaterhouseCoopers (PwC) found in its 2019 Global Crisis Survey. Sometimes it’s because the company executed their crisis management plan flawlessly; other times it’s because the company caught a lucky break and dodged public scrutiny.

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5 Real-life business continuity planning cases you need to know

Online Computers

For instance, the city had to spend $3 million on emergency IT and crisis management intervention alone. A BCP plan could have saved the hospital network by ensuring data processes and transactions had redundancies so that the hospital network wouldn’t be forced to completely shut down operations.