4 Step Plan to Managing Business Emergencies
The term emergency management has one reassuring connotation—it implies that Florida businesses can predict most of what will happen during an emergency. This means they can take steps to reduce the effects of the disaster if not outright prevent it from happening in the first place. While some natural disasters such as hurricanes will make landfall regardless of best-laid plans, others are avoidable such as accidental fires. Regardless, understanding the four stages of emergency management can help businesses diminish the likelihood and duration of risks that pose a threat to their livelihood.
Thankfully, many hazards and disasters share several common traits. This means emergency management strategies can apply to several of them, simplifying risk management for Florida business owners. The following are the key stages of proper emergency planning:
- Mitigation. Avoiding emergencies would be for the best, but reducing their duration and effect on business operations is a worthwhile pursuit as well. This includes making sure the company has adequate insurance for fires, floods, natural disasters, and any other relevant risk to the business.
- Preparation. Having a plan in place for a natural disaster or emergency can prevent injuries and save lives. Taking steps such as storing emergency supplies or food, fresh water, and batteries can help stranded workers stay comfortable while awaiting rescue teams. Practicing emergency drills can also help ensure smooth evacuations in the event of a disaster.
- Response. How Florida businesses react to an emergency plays a significant role in a safe outcome. Taking steps to save lives and prevent damage to company property and equipment go a long way toward disaster recovery.
- Recovery. How quickly a business recovers from a disaster or emergency often relies on how well they planned in the previous steps. However, it’s also good to have a plan in place to get business operations back up and running. Of course, businesses should hold off all disaster recovery efforts until after the emergency concludes.
Having plans in place to manage emergencies can reduce business interruptions and allow employees to return to work as usual on a faster timeline. If your Florida business needs help managing its risks, the experts at MMA Florida can help. Contact us to learn how our risk management strategies can help protect your business.