New Private Sector Preparedness

by Johnathan Tal, President, TAL Global

On June, 2010, the Department of Homeland Security (DHS) Secretary Janet Napolitano announced the adoption of the final standards for the Voluntary Private Sector Preparedness Accreditation and Certification Program (PS-Prep).

This announcement was a key milestone in DHS’ implementation of recommendations by the 9/11 Commission to improve private sector preparedness for disasters and emergencies.

Organizations can turn what appears to be an expensive burden into a competitive advantage by assuring shareholders, customers and the government that they are ready and able to deal with future disasters.

Shareholders benefit not only from long term assurance, but by decreased operating costs as a result of improved credit ratings due to preparedness because Standard & Poor has implemented requirements for organizational resilience planning as part of their company credit rating decision criteria.

We have been on the leading edge of working with our clients to assess and setup for compliance with both requirements. We developed an effective approach for companies to achieve compliance and preparedness.

The emphasis on readiness and resilience compliance is one of the biggest trends that will impact your organization’s strategy in the next 6-18 months, as the Secretary described it herself: “Private organizations across the country-from businesses to universities to non-profit organizations-have a vital role to play in bolstering our disaster preparedness and response capabilities. These new standards will provide our private sector partners with the tools they need to enhance the readiness and resiliency of our nation.”

Read the Secretary’s entire announcement here:

Secretary Janet Napolitano’s AnnouncementVisit Site

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