In the competitive landscape of business, where industries are constantly evolving and market conditions are ever-changing, small business owners often find themselves in a perpetual race for survival. This struggle for existence and adaptation is akin to what evolutionary biologists refer to as the Red Queen Hypothesis, and its parallels with the challenges faced by small business owners are striking.
Does Human Capital Management play a Role in your organizations Business Continuity Planning? It should.
Normalcy Bias: What it is, why it is a huge threat to your business and what you can do to combat it.
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I asked ChatGPT to define the term Small Business Continuity. The answer may surprise you as much as it surprised me...
While getting run over by a reindeer may be low on the threat list to your small business, the analogy is apt in that MANY things can go wrong during the holiday season that can affect any businesses, small or large. This time of year, businesses need to be especially wary of and prepared for threats that may cause a disruption and have plans in place to minimize the impact as much as possible.
People get sick. People die. People quit. Every company has one or more roles that just HAVE to be done every day. If the person doing that job now were to suddenly not be able to perform, it could be disastrous. A pre planned Succession Plan is your insurance against a major disruption when the inevitable occurs. But you don't need to hire a fancy lawyer to put something simple in place. This easy DIY succession plan guide can help you quickly get SOMETHING in place when the unthinkable happens.
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