The Real Disaster: Inadequate Preparation

Globalization's growing impact means disruptions in one place are felt far and wide. Few companies have sufficient strategies

In the past five years, businesses have had to deal with September 11, SARS, port strikes, hurricanes, and a possible pandemic. Though planning for low-probability, high-impact events is low on many executives' task list (only 32% have a plan), not planning isn't a strategy.

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