A plea for exercise
How an event that affects day-to-day business operations is handled has a significant impact on the extent of the damage. Therefore, not only should precautionary measures be implemented in the company in advance to keep the residual risk as low as possible, but reactive measures should also be planned. After all, there is no such thing as 100% safety and the residual risk will never be zero. In case of an event, there will be an impact on the company. However, the reactive side of emergency and crisis management should not only be available as a nice document for auditors, but should above all be handy and applicable. If the planned actions are not applicable, the impact of the event is reduced only imperceptibly or not at all. How handy the reactive side was actually planned cannot be checked only by a theoretical examination. It is also not [...]