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When Disaster Strikes, You Better Have a Plan
Jack Milligan, editor-at-large for Bank Director
Hurricanes Harvey and Irma, which struck different locations on the U.S. coastline in August and September, were a tragic reminder that we live in an uncertain world, and natural disasters can cause widespread devastation. The individuals who have been directly affected will always be the first concern, but it’s equally important that businesses and government agencies be able to rebound quickly after a widespread disaster because their ability to function effectively is vital to the recovery of the communities they serve. Every bank needs a business continuity management plan that the senior executive team and board of directors can activate...
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Jack Milligan is editor-at-large of Bank Director, an information resource for directors and officers of financial companies. You can connect with Jack on LinkedIn or follow @BankDirectorEd on Twitter.