Why “Chicken Little” and “Black Swan” Planning is NOT the Way to Respond to Recent Catastrophic Events
It seems that every week, there’s a story in the news about a catastrophic disaster happening somewhere in the world. The last five to ten years have seen what appears to be unprecedented numbers of global natural disasters, leaving some to wonder if the whole 2012 end of days conspiracy theorists are perhaps onto something. While it might seem like the world is ending, overacting to these events or trying to plan for every worst case scenario is not productive and could DAMAGE your business continuity program. This article will discuss why focusing on these types of outlier events do not generate value or management interest, as well as discuss ways you CAN tweak your risk assessment and planning to ultimately gain more value without trying to tackle impossible planning standards. Continue reading







