The 2005 hurricane season has shown that you can never plan too much. Widespread human suffering, including massive displacement of a population center compounded by near total destruction of infrastructure, however, deemphasizes the catastrophic effect on businesses.
Businesses of all sizes were destroyed or completely shut down. As the most catastrophic hurricane season on record drew to a close, risk managers began to reflect upon what they could have done differently and how they might prevent or cope with a reoccurrence. Although it's impossible to avoid all the effects of a storm such as Katrina, certain lessons are valuable.
Even though natural disasters often can be anticipated, they are anything but predictable. A comprehensive disaster recovery plan prepared well in advance is one of the best means for minimizing a company's risk and damages. In the absence of a plan, responding to a disaster will require timely mobilization of resources, including employees, owners, management and business partners (such as suppliers, the community and government).
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