This
conference aims at enhancing the capability of an organization to
respond to the instances where normally the businesses cease to
operate or requires time to bring it self back into operations.
There are a number of instances where only a small income generating
unit ceases to operate because of lack of control or absence of a
safeguard. This reduces the income stream of the business and if the
situation persists, it may not only effect the core financial side
of the business but also penetrate into and damage the non-financial
side of the organization and the reputational loss can never be
recovered.
As repeat business is often the back bone of every business, a
reputational loss reduces this demand and the income stream falls
below par. If the organization does not take preventive measures to
avoid recurrence of the same weakness, it loses out on vital
customer loyalty and sustainable market presence. |