Recorded on August 24, 2015
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FMCC Webinar review: “Pay Me Now or Pay Me a Lot More Later”
“Pay Me Now or Pay Me a Lot More Later”
How To Get the Budget You Need to Prevent Catastrophes, Not Clean Them Up
What’s the cost of one hour of downtime at your facility resulting from an environmental issue? Most managers would put it in terms of lost productivity; but in reality, there may be equipment damage, loss of data either electronically or in hard copy form, building infrastructure damage, etc. What about the harder-to-quantify costs:
- Decreased customer loyalty
- Damage to your company’s reputation
- Employee moral issues
- Ammunition for your competitors and
- Clean up?
All of these factors can be leveraged in making a case for staffing and budget designated for disaster risk mitigation. Acquire five cases you can make during your budgeting process that will help you get the funding you need to fully protect both your company’s and your own reputation. Receive exclusive access to an online Cost-of-doing-nothing calculator that will help you determine the actual impact on your company in the case of an environmental catastrophe in your facility.
1. Recognize why making a case for comprehensive facility monitoring to the people holding the purse strings is so important.
2. Discuss the multiple ways that facility downtime impacts the performance of your business.
3. Understand how facility downtime impacts your reputation and job security.
4. Learn how to quantify and justify the needed budget and staffing to fully protect your facility.