Going Mobile Overnight: Business Continuity Insurance
This is a reprint of the Compass article from our September Future of Work Agenda newsletter. We are reproducing it here to call attention to the importance of preparing for the upcoming flu season in North America, and the value of having a flexible/mobile work program as a means of coping with a pandemic.
By Jim Ware and Charlie Grantham
It’s fall here in North America, and the flu season is upon us. Most of us know there’s a greater risk than normal this year because of the H1N1 virus, commonly known as Swine Flu. Clearly, we all hope it won’t turn into a pandemic, but that possibility remains very real.
However, this isn’t a plea for you to get a flu shot (though you should, and we certainly plan to). Rather, it’s a reminder that unlikely but possible events like a pandemic, a hurricane, an earthquake, a transit strike, or—heaven help us—a terrorist attack could play havoc with your business. As Alvin Toffler pointed out many years ago, it’s those low probability/high impact external events that can create genuine “future shock” if you haven’t included them in your thinking.
While many organizations do have detailed business continuity and risk abatement plans, our experience suggests that very few of those plans include the best response of all: a remote/mobile work program.