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Analysis of Disaster Planning in Business and Industry
Research rept. Aug 1992-Apr 1993
INDUSTRIAL COLL OF THE ARMED FORCES WASHINGTON DC
Pagination or Media Count:
Natural and man-made disasters ranging from minor disturbances to major catastrophic events will continue to plague U.S. business and industry in the future. The economic costs and loss of human lives will remain unacceptably high without corrective actions on the part of both government, and business and industry. Corporate losses each year are staggering -- vastly reducing the U.S. gross domestic product, and certainly weakening this nations ability to pursue its stated national interests. The February 1993 bomb blast which ripped through New York Citys World Trade Center caused over one billion dollars in property damage and lost profits. Thus, any serious efforts to ensure the uninterrupted operation of American business and industry in the event of a disaster would appear to be of paramount importance. Government leaders, as well as business and industry executives, share a responsibility in disaster planning and preparedness.
APPROVED FOR PUBLIC RELEASE