[KingsBridge Guest Blogger] How Third Party Decisions Can Ruin Your Business
In 2011, both the U.S. and Canada experienced a very specific risk scenario. There was ground-breaking flooding from heavy winter snows and rains. In both countries, flood gates were opened to flood some areas in order to protect others. Third parties, government officials, made hard choices in order to protect the greater good.
In the United States...
Army engineers in Louisiana opened a spillway to relieve the swollen Mississippi River. Opening one of the 125 floodgates in the Morganza Spillway dumped water into thousands of homes and fields. It also saved New Orleans and Baton Rouge. In addition, over 3 million acres of farmland flooded in Mississippi, Tennessee and Arkansas. About 3,000 square miles of land was inundated in up to 20 feet of water. It took up to three weeks for the water to pass through a system of levees and spillways to the Gulf of Mexico. The irony is that there was a drought in the area and still, they weren't able to benefit from the flood waters. If the spillway was not opened, New Orleans could have been at risk of flooding worse than what happened with Hurricane Katrina. Katrina caused 80 percent of the city to flood, and 1,500 people died.
Manitoba, Saskatchewan and Quebec saw similar problems. The decision was made to open a dike in Manitoba in order to divert water from swollen rivers into farms and towns. The idea was to sacrifice some homes to save many more. Regardless, tens of thousands of sandbags helped minimize damage to homes in the path of the water. In Quebec, the Richelieu River flooded scores of homes as well. So what does all of this mean in the continuity business? Government officials in all of these cases were faced with difficult decisions to choose between homes, farms, businesses, power plants and oil refineries. Even with the best of intentions, someone had to lose.
Your Business Impact
As a result of the decisions made to redirect flood waters, your business might:
- Be forced to move to another location, for the short term or long term
- Experience issues shipping or receiving parts or finished goods
- Need to clean up water damage
- Have to work without key staff until the way is clear for them to get to work
That is why you need to be prepared! Make sure your business continues to review your Business Continuity Plan (BCP) to keep it up to date. That way, the next time a third party decides to sacrifice one for the greater good, you'll be ready. KingsBridge BCP Software Solutions Contact Kingsbridge KingsBridge BCP Services