Business Services Industry
Continuity plans put to the test by Katrina.(recovering from Hurricane Katrina)
Business Insurance, January, 2006 by Lenckus, Dave
Byline: DAVE LENCKUS When Hurricane Katrina cut a broad swath through the Southern United States last August, many risk managers were made painfully aware of the strengths and weaknesses in their emergency response and business continuity plans. While some plans helped organizations quickly restore their operations, others lacked the guidance companies needed to respond to such a large catastrophe.
Here are some lessons that risk managers and consultants said were learned: * Even the best plans will not work without adequate support. Some emergency response plans were ineffective because of a lack of coordination and knowledge of disaster preparedness among those with responsibilities for emergencies, said Ralph Tiede, the Weston, Mass.-based manager...
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