"How To Prepare For Black Swan Events Like The Spain And Portugal Blackouts” by Joe Moglia, Forbes
Last week, Spain and Portugal lost power for an entire day. That’s tens of millions of people and two advanced economies essentially shut down, completely. Not only was it a potentially dangerous situation for those on transit or under surgery, for instance, but it was the kind of “Black Swan” event that can turn into a real problem for companies.
Now that power has been restored, leaders everywhere—not just in Spain or Portugal—need to review their plans for responding to disasters.
Here’s how to devise your own disaster preparedness plan, so that when the next Black Swan event strikes, you’re not starting from zero.
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