The Types Of Threats, The Impact And Four Steps The Process

BackgroundDisasters, may it be graphic or man-made, are occurrences that are inevit adapted to businesses and companies. They may take the form of an earthquake or informational theft that is equally tragic to the affected company. Romano emphasizes that companies are starting to collect that they need to protect their assets both informational and physical. (1995,P.43). And so, companies and corporations have developed Disaster oversight as the name implies, it is a deal of dealing, if non preventing, tragedys make to companies. check to Rike, contingency prudence is divided into three kinds rude(a) threats, good impediment and human activities. (2003,P.26). Rike stresses that calamity management isnt only concerned slightly natural disasters but also technical and man-made disasters that are relatively abundant in most companies which returns a loss of income.DefinitionDisaster management, according to Clark, is the process of preparing for mitigating, responding t o, and recovering from a disaster. (1995, P. 41). Clarks statement shows that disaster management is not only more or less what companies should do before or during or subsequently a disaster, but what companies should do from before a disaster arises up to the time that the company needs to recover from the damage that the particular disaster brings to the company.OutlineThis account statement aims to discuss the shells of threat, the impact and four- graduation process of disaster management and wherefore companies should ensnare themselves even before a disaster occurs.The Types of ThreatRike identifies that disaster management has three sub categories videlicet Natural or Environmental threats, technical hazard and human activities (2003, P.26).The Natural or Environmental threats that Rike was referring to are the natural calamities that we are accustomed to such as earthquakes, floods, fire, storms, etc. that can creator physical or psychological damage to the companie s. Rike states that human life is ceaselessly the first consideration in any emergency or disaster. (2003, P.26) and thither are no other greater threats to human safety than natural calamities because of its destructive power.Technical Hazards can be grouped in seven namely power outage, gas leak, software failure, biological contamination, train derailment, toxic surrender and electrical shortage (Rike, 2003, P.26). And human activities are the threat that is concerned about human errors, miscalculation and faults due to lack of skill or ignorance. there is a saying that No man (or woman) is perfect. And so, it is necessary for companies to prepare themselves for these kinds of disasters to su send packing any loss of valu up to(p) income.Impact of DisasterOne type of the impact of disaster is the breeding of companies (Rike, 2003, P.27). Companies should be aware of its competition because its survival depends on how good a certain company performs against these competitors and should surpass the development of other companies to be sufficient to maintain a competitive edge over the others.The southward type is the Economy which dictates whether a certain company should act. If a certain disaster hits a particular state, city or country, its economy may well be affected and soon it affects the production/income of the company. The third is the peoples lives a company cannot profit on its own, it depends on its workers to do the minute things that bring the huge amount of money into the companies. So, companies should protect and maintain the well-being of its employees and read sure that they are in the same page to be able to assure them a great outcome.Four Steps of the ProcessIn the first step is that management have ability to support (Rike, 2003, P.27). The company should be able to have a disaster management that can support its business. The second step is about the analysis risk (Rike, 2003, P.27). The Disaster Management should do an ana lysis risk that, as the name implies, analyses the risks involved in a particular disaster and its recovery. The third step is that the company needs to spend much time on data collection and preparing the written throw (Rike, 2003, P.30).The company should do an actual stick outning of the disaster management to make things organized to minimize undone tasks especially when it comes to recovery because time is of the shopping center for most companies. The last step is that block out the plan (Rike, 2003, P.31). A plan will not be complete without testing it. The company should test it under the most hazardous situations to maximize its productivity and to be able to identify its flaws.ConclusionThe report has discussed in detail what disasters are and how and why companies should prepare themselves/recover from the said disasters and how they can affect the companys profits. The report will be very useful for companies to identify the activities that should be done in order to protect what is most important to them, which is the income, because a disaster creates a thin line between bankruptcies and an incredible comeback from a disaster.