THE BUSINESS CASE FOR PREPAREDNESS: Revenue Impact
Preparedness initiatives can significantly impact revenue in two ways. First, corporate preparedness can assure current revenue streams which are often significantly vulnerable to a diversity of threats. Second, preparedness efforts can also increase revenue from both existing customers as well as generate sales from new customers.
- Relatively Mild Disruptions Can Impact Revenue Significantly
May 24, 2008
A relatively mild earthquake can result in significant losses especially to small businesses including losses in revenue, distracted and absent employees, building damage and inventory damage.
Continue reading » - Demand Shock Can Impact Revenue on a Long Term Basis
May 24, 2008
September 11th illustrated the capability of terrorism to impact an industry. The U.S. airline industry experienced both a negative transitory shock of over 30% and an ongoing negative demand shock amounting to roughly 7.4% of pre- September 11th demand.
Continue reading » - New Revenue Streams
May 24, 2008
In the energy sector, integrated security generates cost savings (increased productivity, reduced losses, more efficient use of capital). In addition, new revenue streams can be created.
Continue reading » - Direct Revenue Opportunities
May 24, 2008
Institutions with certain levels and kinds of security investments are also likely to have better bond ratings, lower insurance costs, and few or no punitive actions from regulators. As Basel II is implemented, there will also be benefits from lower capital requirements based on technology risk management."
Continue reading » - Supply Chain Resiliency Can Be Critical to Ongoing Revenue Generation
May 24, 2008
The timely receipt of goods and services from sources outside your organization are critical to ongoing revenue generation.
Continue reading » - Supply Chain Risk Can Impact Revenue
May 24, 2008
"A survey of more than 600 financial executives identified supply chain risk as having the greatest potential to disrupt the top revenue driver."
Continue reading » - Sales Growth
May 23, 2008
Firms that experienced bad supply chain disruptions experienced stock returns approaching -40%
Continue reading » - Impacting Sales Growth and Operating Income
May 23, 2008
Supply chain disruptions have substantial impacts on firms including 33 to 40% lower stock returns relative to their benchmarks, 13.5% increase in share price volatility, 107% drop in operating income, 7% lower sales growth, and 11% increase in costs.
Continue reading » - Maintaining Revenue
May 23, 2008
"Your data really is your business." IT downtime can result in lost revenue, adverse headlines, lower employee productivity and decline in company valuation. Lost revenue estimates run from $1 million to over $ 6 million per hour.
Continue reading » - Impact of Down Time on Annual Revenue
May 23, 2008
Medium-sized businesses lose nearly $1 million annually in network downtime.
Continue reading » - Minimizing Impact on Revenue of IT Outages
May 23, 2008
"Many senior executives and business managers consider business continuity the responsibility of the IT department. However, it is no longer sufficient or practical to vest the responsibility exclusively in one group. Web-based and distributed computing have made business processes too complex and decentralized. What's more, a company's reputation, customer base and, of course, revenue and profits are at stake. All executives, managers and employees must therefore participate in the development, implementation and ongoing support of continuity assessment and planning."
Continue reading » - Sustaining Revenue
May 23, 2008
When firms support government and NGO disaster efforts, they serve their own interests as well as the interests of the community by promoting economic resilience.
Continue reading » - Sustaining Revenue
May 23, 2008
When firms support government and NGO disaster efforts, they serve their own interests as well as the interests of the community by promoting economic resilience.
Continue reading » - Mantaining Revenue Stream
May 23, 2008
The business impact of crises can run into the billions. The 1990 Wall Street Blackout and the 1992 Chicago flood are two examples.
Continue reading » - Assuring Current Revenue Flows
January 1, 2006
The primary benefit of corporate preparedness is the capability of the business to maintain its core operations through a major...
Continue reading » - Expanding Customer Base & Increasing Customer Retention
January 1, 2006
Both individual consumers and organizations are placing an increasing focus on safety and security. This is evident in the growing...
Continue reading » - Increased Agility in Identifying and Pursuing New Opportunities
January 1, 2006
The current marketplace can change rapidly due to a diversity of factors ranging from competitor initiatives and general market dynamics...
Continue reading » - Prompted Innovation
January 1, 2006
Resiliency requires the forecasting of future changes in the business environment, especially those that might prove to be threats to...
Continue reading »
Financial Impacts of Corporate Preparedness