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Icelandic Volcano: Another Black Swan showing serious need for business continuity planning… April 20, 2010

Posted by Bob Cook in Business Continuity Planning.
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How many black swans are out there? In the last decade we’ve seen some doosies: 9/11, SARS, Hurricane Katrina, the Eyjafjallajokull Eruption. Each has occurred on a spot on the globe – New York, Guangdong, New Orleans, Iceland – and yet each had far-reaching consequences, affecting companies and economies around the globe. This latest one has disrupted both business travel and supply chains everywhere. As the world becomes increasingly interconnected and increasingly complex (technologically, politically, socially, economically) big local disasters end up being big global disasters. Everyone gets affected. 

Unfortunately, it’s likely the unlikely will continue to occur.

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