article thumbnail

Separating the Best from the Rest: An Analysis of Why Business Preparedness Is Critical in an Uncertain Future

Erwood Group

Below are five reasons why business leaders should prepare: Quickly respond and adjust to a disaster or disruption with strategies that allow you to shift and pivot your business for a more expedient recovery. Reduce or even eliminate financial losses by implementing strategies that reduce the impacts. This is a mistake.

article thumbnail

Unlocking the Truth: Navigating 20 Myths About Business Continuity

Erwood Group

Section 1: The Scope of Business Continuity Myth 1: Business Continuity is Only About IT Disaster Recovery or DR. Contrary to popular belief, business continuity extends far beyond IT recovery. You can also seek out new clients that require vendors or suppliers to have business continuity and disaster recovery plans in place.