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trillion in global economic losses,” according to a report conducted by the UN Office for Disaster RiskReduction (UNDRR). Disaster risk is becoming systemic with one event overlapping and influencing another in ways that are testing our resilience to the limit,” Mizutori said. million lives, affecting 4.2
Private sector emergency managers play a crucial role in long-term recovery following a disaster. These professionals must prioritize strategic planning, collaboration, riskreduction, and continuousimprovement to ensure the successful rebuilding of affected communities and businesses.
Business continuity is not a project with a finite end; it’s an ongoing process. The organizations that do it right have best-in-class ongoing programs to maintain and continuouslyimprove their plans. The dynamic nature of risks requires constant adaptation to maintain the effectiveness of business continuity plans.
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