3 Quotes by Paul Skivington

Perception is often the reason why companies prevaricate doing a risk assessment.

The recent power outages highlight the importance that needs to be placed on a business obtaining professional advice on its potential risks and business disruptions, having a contingency plan in place and regularly testing its effectiveness, as well as challenging the perception of possible risks.

Even very basic risk issues such as inoperative traffic lights, building lifts, security systems, inoperative medical facilities and the inability to continue business-as-usual are amongst the perils caused by a power failure that need to be accounted for in a risk assessment and contingency plans.