FINDINGS ON HELPING BUSINESSES IMPROVE THEIR OWN RESILIENCE

If businesses don’t survive they can’t contribute. Functioning businesses are critical to the economy and recovery through providing and consuming goods and services, employing people, paying tax and contributing to their local communities.

In considering business resilience, Resilient New Zealand has looked for some simple and practical lessons to help businesses improve their own disaster preparedness, as well as contribute to wider community resilience. Our focus was on:

  • ways to improve preparedness for disasters;
  • building agility in responding and getting through a disaster; and
  • identifying how businesses can contribute to a community’s resilience.

Our report Contributing More makes the following observations about the general nature of resilience and the characteristics of resilient organisations:

  • Resilience is forward looking
  • Resilience is 50% planning and 50% agility
  • Protecting the integrity of the economy is critical
  • Scale is a key enabler of resilience
  • Businesses with clear ‘recovery roles’ are better prepared to contribute.

Also contained are the following lessons for businesses looking to improve their resilience:

  • Invest in risk management
  • Well-considered plans enable organisations to focus on the right things
  • Practise enables organisations to think on their feet
  • Make people a priority
  • A culture of empowerment and trust is critical.

These findings and lessons underpin the recommendations we make in Contributing More that focus on steps businesses can take to ensure they not only survive natural disasters, but thrive and are able to contribute their considerable skills, experience and resources to wider community recovery.

Download the report for more details on this topic and our other findings and recommendations or contact us below to share your thoughts on business resilience.

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