Risk, Crisis and Disaster Management Essay Example | Topics and Well Written Essays - 2000 words

Risk, Crisis and Disaster Management - Essay ExampleIn order to understand wherefore this transaction is needed, it is important to understand the current business world and how changes are needed. It is also important to understand why such changes are required to survive. Companies which do not realize the need for this profession are the ones which might suffer in the near future. However, there are m either industries which are more devoted to persistence dangers compared to other industries, and such industries need to make strategies to survive in this competitive world. Industries, which are less prone to continuity dangers, will also typesetters chemise need for change eventually to either excel or to survive in the long run. There is a need for such a profession and people in the business community are realizing this need. In order to understand the need, for distinct business continuity profession, it is required to understand what business continuity is and what skill s are needed in this profession.By definition business continuity is the capability of an organization to continue its business operations in case of any incidents or problems. This way they support operate without interrupting their day to day business activities without influence of other harmful factors. (Honour, 2006)Business world is this instant global now with the 24 hours connectivity with people around the globe. The threats are also present 24 hours a day. There can be threats which may be simply earthy catastrophic threats or may be business threats, which may just not only affect the profits of one company but can also damage the company in uncountable ways. Such dangers can affect the business by damaging the reputation, brand image, productivity, efficiency, etc. In worst case scenarios, Company may simply go out of business due to such dangers (Rojas, 2009).In this stage of business continuity, a plan is made in order to face any problems. This plan