Risk is associated with virtually every activity in life. The pertinent question related to risk management is what risk(s) should a residential community, condominium community or business protect itself against? As your insurance agent will agree, a policy is important, but having the right policy, covering the right risks is only half of the equation. The other half of true risk management includes:
As a part of its core service offerings, ALERT Protective Services can provide Consulting Services that include assistance and support with Disaster Preparedness Planning, Business Continuity Planning and overall Risk Management. We can and do work with property managers and residential community and business leaders on augmenting their existing Disaster Preparedness and Business Continuity Plans. We can approach it through a variety of methods, including discussion, community and employee education and by using a tool known as a Risk Analysis.
As applied to the operation of a business (or residential community), risk it is more commonly translated into an assessment of the severity of a given event versus its probability of occurrence. Severity can mean direct financial impact, damage and/or business interruption.
This central tenet of Risk Management is often overlooked as businesses prepare for a disaster, often focusing on the most catastrophic natural disaster or event(s) that could impact their business. Factoring all three of these Risk Analysis factors into Disaster and Business Continuity Planning can help ensure that the most important and pertinent risks are considered, planned for and/or mitigated, within the budget available.
ALERT's goal is to not only ensure we are always ready and able to operate following a business disruption, but that our clients and employees are as well. Allow ALERT's seasoned management team of consulting professionals help you and your community or business, determine your variety and levels of risk. Our consultants can work with you to craft a Disaster Preparedness or Business Continuity Plan n that fits your specific needs and concerns.