Crisis management: lessons learned from natural disasters
Reports are predicting an above-average hurricane season in 2020. Three tropical storms have already developed. If one of these storms nears the New Jersey coast, it could inflict lasting damage. In fact, up to 40% of small businesses never reopen after a disaster. Image credit: Damage from Hurricane Sandy along the boardwalk in Asbury Park. Full story: https://www.roi-nj.com/2020/06/25/opinion/what-next-6-ways-n-j-business-owners-can-plan-ahead-for-hurricane-season/
Double crisis: Natural disasters don’t stop for coronavirus
The COVID-19 pandemic is a complex worldwide emergency without contemporary precedent. In every nation around the globe, the pandemic reaction is taking up the bulk of resources, expertise, time and effort.
But, how might individuals and frameworks adapt if a major natural disaster, similar to floods, quake or a tropical storm, happens while the COVID-19 pandemic proceeds?
The early wake-up calls for nations around the globe for natural hazards still loom large during the COVID-19 pandemic, including floods, fires, tornadoes, storms, and even volcanic eruptions…
Crisis management: lessons learned from natural disasters
From an accident that disrupts your supply chain to a firestorm in social media, companies manage minor crises all the time. It is a part of business as usual.
However, dealing with a major crisis is a different matter. A single mega-event – or a combination of them – can trigger crises that threaten the very survival of the business. These kinds of crises lay bare the readiness and responsiveness of an organisation. They test a company’s values, leadership, and character at a time when there is no room for error.
The Caribbean is the location of choice for many organisations. However, the risk of devastating weather events, as well as other natural and human-made threats, require organisations to protect their most valuable assets. Natural disasters, financial crimes, pandemics, cyberattacks, and other potential disasters present a clear and rising danger for all organisations…
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