The tragic and heartless Manchester bombing that took so many innocent lives reminds us all that terrorism has become almost commonplace around the world. While the attacks have often occurred in public venues, the corporate workplace can also be a target.
If your organization does not include terrorism in its vulnerability analysis, especially if it has a conspicuous global footprint, now may be the time to add it.
Smart companies establish and continuously monitor an issue radar that surveys a range of threats, such as cyberattacks, natural disasters, financial misconduct, manufacturing defects, and product contamination. In a crisis, your organization can either be proactive through strong crisis preparation or reactive as a result of insufficient planning.
There is no substitute for a robust crisis plan, an established crisis team and situation room, and regular practice through simulations that include the entire team—including senior management.