Editor's note: As readers in Texas consider the possibility of a hurricane making landfall for the first time since 2008, we remember how important it is for organizations and businesses to have a continuity plan — and to involve the HR team from the start.

It can't happen here. Those words could be carved on the tombstones of countless failed businesses.

"It's shocking to see the number of companies that have no business continuity plan," says Steve Layne, CEO of Layne Consultants International, a security consulting service in Denver. "Less than 50 percent of businesses that close during an emergency ever reopen."

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.