The potential pitfalls of not preparing for black swan events can be severe. These events are unpredictable and can have a significant impact on your business or personal life. They can lead to financial loss, reputational damage, and even business failure. By not preparing, you leave yourself vulnerable to these risks. It's important to have a plan in place to manage these events, including identifying potential threats, developing contingency plans, and regularly reviewing and updating your plans.
How do you prepare your business for black swan events like pandemics or financial crises? Rogue Wav...
View summary