Why The Age And Size Of Companies Matter When Preparing Crisis Plans

“Does the age of a company come into play? Absolutely. Young companies tend to think with the bravado of a 16-year-old with a new driver’s license. They believe nothing can go wrong,” Susan Stoga, principal at“Often, crisis plans are on the to-do list but not on the priority list. Instead, young company leaders would be best served by seeing a crisis plan as insurance or risk management against the reputation of the company or brand.

, chief operating officer at Continuity2, a business continuity and resilience company, said via email.Large, older businesses should focus on comprehensive risk assessment and clear communication channels within their complex structures, ensuring robustness and efficiency in their crisis responses,” she counseled.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

WSJ News Exclusive | A Gilded Age Townhouse Near Central Park Hits the Market for $65 MillionA Gilded Age townhouse near New York's Central Park is coming on the market for $65 million. The roughly 15,000-square-foot property dates back to the 1800s.
Sumber: WSJ - 🏆 98. / 63 Baca lebih lajut »