Flood-hit factories should act now
Analyst: Early birds get new customers
- Published: 11/11/2011 at 02:09 AM
- Newspaper section: Business
Inundated factories should already have a recovery plan in place instead of waiting for the floodwater to subside, says Andrew Durieux, a specialist in crisis management and business continuity.
Most of the factories in the flooded industrial estates, for instance, have passed the crisis stage and must now choose a contingency plan or a recovery plan or both.
"A lot of companies are waiting to do a damage assessment before conducting their recovery plan, which means they have to wait for the water to recede. I think they can get started now and could potentially win new customers," said Mr Durieux.
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About the author
- Writer: Nanchanok Wongsamuth
- Position: News Reporter
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