Remove Mitigation Remove Retail Remove Risk Reduction Remove Strategic
article thumbnail

Unlocking the Truth: Navigating 20 Myths About Business Continuity

Erwood Group

Far from being a mere cost center, business continuity is a strategic investment. Strategic technology investments enhance resilience without breaking the budget. Business continuity is an investment in risk reduction and organizational resilience. Myth 11: Business Continuity is a Non-Essential Cost Center.

article thumbnail

How to Mitigate the Effects of Floods on Your Supply Chain

everbridge

And, the fallout may not be short-term; consumers and retailers could still see shortages during Black Friday and the holiday season. percent as a result of the floods, according to estimates by the United Nations Office for Disaster Risk Reduction. Globally, international industrial production fell by 2.5