SARS A Wake-Up Call For Business?

Connolly, James M.
October 2003
Financial Executive;Oct2003, Vol. 19 Issue 7, p18
Academic Journal
In this article the author discusses what lessons business can learn from crises such as the SARs outbreak and other contagious disease epidemics, random violence and terrorist threats. The author suggests that management needs to be aware of these types of threats and should develop some type of plan to manage these risks. The author notes that companies that do have these plans in place often focus on the recovery process; however, they need to be aware that a more important aspect deals with a company's most valuable asset -- its people. He adds that while it is impossible to eliminate all risks, businesses can take steps that will provide their employees greater assurance which can help develop long-term positive attitudes towards the company. INSET: A few of the questions for business leaders to consider:.


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