In developing strategies for regional disruption, we must recognize that the safety of people--our colleagues, employees, and their families--is paramount. Different strategies of regional diversification, along with efforts to strengthen security and crisis response within regions, will help protect our people.
One of the challenges that we face, however, is how to increase individual safety without losing the efficiencies that we have gained from concentrating staff and expertise at critical geographic locations. The effect of regional diversification on business also presents challenges. Firms will both incur costs and reap benefits with diversification, but it is often difficult to justify adding costs to address contingencies.