Ensuring compliance with regulatory requirements is critical to your client’s business. But crisis and business continuity planning – often mandated by law – shouldn’t be a box-ticking exercise. Unfortunately, too many of your clients fall into the trap. What risks do they face treating crisis preparedness as a compliance-first practice?
First things first: regulatory mandates following crises are ubiquitous – that’s been the case far before the onset of the COVID-19 crisis. In the U.S., for instance, employers with more than ten workers must have written emergency action plans that specify what workers and others at the workplace should do in the event of an emergency.