Business Continuity Planning on a Global Scale


The earthquake and tsunami in Japan and flooding in Thailand have increased awareness of the need for business continuity planning.


“You have to look at these continuity plans much more broadly than you ever have before because the world is getting smaller.” Dave Mahoney, Zurich


Supply chain breakdowns in the wake of recent catastrophes, including the earthquake and tsunami in Japan and the floods in Thailand, have brought business continuity planning to the forefront. What became most apparent is the need for businesses to consider the impact not just on their own business, and not just their suppliers, but also the suppliers of their suppliers and their suppliers, too. Another important lesson from the recent experience is the need for global resources to mobilize and respond to a loss so that a business can get back on its feet in the shortest amount of time possible.


Copyright © 2012 by A.M. Best Company, Inc. All rights reserved. No part of this report may be reproduced, stored in a retrieval system or transmitted in any form or by any means; electronic, mechanical, photocopying, recording or otherwise.


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