by Gerald McSwiggan
Last week I attended the Disaster Recovery Journal conference in Orlando, FL. Around me were over 500 business continuity and disaster recovery experts from companies all across the U.S. It was an impressive group of professionals whose purpose in companies is to make sure that business operations are maintained or quickly recovered after a disaster.
BCLC’s major focus is ensuring that communities are able to recover quickly from disasters. Business continuity is an important part of community recovery because the faster companies are able to get back up and running, the faster the community can get back on its feet.
However, there is another side to the story that often goes unexplained an unrealized. It can best be explained with simple economic terminology. Every market has both a supply side and a demand side. In a disaster, both of these aspects of the market are disrupted. Business continuity, the major emphasis of the Disaster Recovery Journal conference, is charged with restoring the supply side of the market.
But what about the demand side? A business can recover within hours after a major disaster, but if the community doesn’t recover, who will the business sell its product to?
Business continuity and community recovery are two concepts that go hand in hand, and unless businesses think about both of them, they are missing one entire side of the equation.
On June 18 and 19 at the Chamber headquarters in Washington, DC, BCLC will be looking at how businesses can work in their communities to help them recover. We are hosting our annual exercise that brings together members from the business, government, nonprofit sectors to practice a realistic disaster scenario. This year, we will be practicing how to recover from two disasters that happen back to back in completely different locations. If you would like more information, please email me.