How Do You Plan For Something You Can't Predict? Lessons From the Coronavirus

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Here are some insights from our experts in the field to help your business survive during something that cannot be planned for:

Even the best laid plans can be unraveled in the blink of an eye with the onset of an epidemic, natural disaster or political decision. When disasters happen, companies that provide products and services for human safety, or recovery and rebuilding efforts can see a surge in demand for their critical and sometimes lifesaving offerings. And companies that rely on components or raw material from affected areas can face unprecedented constraints, leaving them unable to support their customers in a serious time of need.

Check out this advice from Crystal Clear Management (YouTube Channel), Principal, Crystal Lee, addresses how having IBP in place helps to deal with unexpected disaster: