Learning From the True Cost of Major Incidents
ESMi Knowledge Team
· 3 min read
The cost of a major incident includes lost transactions, productivity, recovery, compensation, regulatory exposure, reputation and delayed strategic work.
Why it matters
Service excellence emerges from a connected management system. Governance, people, processes, partners, information and technology must reinforce the same outcomes. In this case, the practical intent is clear: the cost of a major incident includes lost transactions, productivity, recovery, compensation, regulatory exposure, reputation and delayed strategic work.
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