The horrific losses an earthquake can cause are top of mind – so let’s dust off some ideas we’ve discussed before. Every day businesses are forced into crisis mode by natural disasters like earthquakes, hurricanes, and wildfires. In California, we regularly hear about the 60+% chance of a devastating earthquake in the next 30 years. No one in Haiti can remember an earthquake – the last big one was 200 years ago.
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Risk Management and its “new & improved” fad, Enterprise Risk Management (ERM), can sound pretty esoteric and mind-numbing to most business owners. What most firms usually need are practical, reliable loss prevention strategies that can be ring-fenced with basic and appropriate insurance. Instead of ERM, I propose PRM or Practical Risk Management. [click to continue…]
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Call Charles at 510.685.3883
