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How to respond to catastrophic events - How does this affect you - Ernst & Young - Global

How to respond to catastrophic events

3. How does this affect you?

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Because black swans emanate from outside boundaries of expectation, they will continue to plague organizations.

People make reasonable decisions limited by information availability, individual imagination and personal perspective.

While black swans will never exactly match what is developed and practiced, by undertaking the exercise, you will be better equipped to respond should disaster occur.

 


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SOX function transformation
Prepared for the catastrophic black swan?

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  • "Black swans" are unexpected, unpreventable, and catastrophic events. These guidelines can help guide your organization's response to recover as quickly and effectively as possible.
 

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