Risk Mitigation Planning for Corporations in North America

Risk mitigation planning for those concerned about natural disasters can work to protect businesses but, more importantly, address an employer’s duty of care obligations. Hurricanes, floods, tornadoes, and even ice storms can be incredibly costly to any business, but they also place your staff in harm’s way. Natural disaster risk mitigation includes extensive planning that addresses a business’s continuity during a crisis and procedures that can help your employees communicate, stay safe, and direct them on the next steps.

As hurricane season approaches, many corporations will need to carefully analyze the risk of hurricanes or floods impacting their business. Third-party risk assessments provided by AFIMAC take into account every detail, including the efforts an employer can make to protect the physical job site and maintain business continuity, all while supporting your workforce.

Risk Mitigation Planning for Physical Job Sites

When disasters hit, many employers are faced with the fact that they never planned for the absolute worst-case scenario, whether that means loss of power, communication, or total collapse of your job site. Planning for a complete replacement of your job site can help you address such issues and recover from a serious crisis. Such risk mitigation planning can include how your business will remain productive, communicating with key vendors, and ensuring staff can return to the job site when it is safe.

When employers plan for the risks associated with hurricanes, there are often many details that are overlooked, including the fact that it could result in the full loss of your job site. While it might be frightening to consider the possibility, employers who are serious about risk mitigation should plan for such occurrences.

Securing Key Vendors and Business Partnerships

Truly, successful risk mitigation is a collaborative effort between the many vendors and partners that work with your business. Whether it be power, internet, or general IT needs, without proper planning, you could experience serious complications in these areas as you attempt to restart your operations after a hurricane.

Proper planning also includes the possibility that one of your key vendors is impacted by a hurricane; how will you pivot to maintain operations? Many businesses will need to source additional third parties to support their operations during a crisis. This could include temporary maintenance staff, IT specialists, or even competitors that will be required during an emergency. 

Considering Business Continuity 

Employers should also be weighing the possibility that the human resources that support their businesses may be unavailable after a hurricane. Should your entire workforce be displaced or evacuated from your community, an employer may need to consider offering temporary housing or contingent workforces to maintain operations. 

Many employers in the food, gasoline, or transportation sectors are leaned upon by other businesses and have no other choice but to maintain operations after a hurricane. Proper risk mitigation planning often considers what services, such as contingent workers, will need to be leveraged if your entire workforce needs to be replaced during a hurricane. With the right planning in place, employers can call upon companies such as AFIMAC to address worker shortages and help you maintain operations despite your workforce being unavailable. 

Disaster Response Solutions from AFIMAC Global

As North America’s duty of care specialists, AFIMAC remains highly capable of helping corporations of any size address risk for natural disasters such as hurricanes. Proper duty of care includes ongoing planning, capable of addressing a business’s absolute worst-case scenario. Further, AFIMAC can offer incredible resources beyond risk mitigation planning, including contingent workforces, disaster relief, deployable accommodations, and comfort operations to support businesses and communities impacted by natural disasters.

Actively work to protect and support your business including the human resources that make up your workforce with AFIMAC. Contact us today to address your risk mitigation planning needs and explore offerings that can help you maintain operations during a disaster. AFIMAC maintains fleets of human resources and equipment rental options including temporary base camps, comfort operations, power generators, and so much more.

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