Economic Disaster

“The Ability Of A Region To Prevent, Withstand, And Quickly Recover From Major Disruptions To It’s Economic Base.”

Economic development professionals are instrumental in building the ability for a region to withstand major disruptions to the economy.  These partners are vital in helping to provide assistance in research and preparation, post incident coordination, information dissemination, and technical assistance with recovery funding efforts.

Resilience activities fall in to two categories, ‘Steady-State’ and ‘Responsive.’

Examples of ‘Steady State’ activities would be:

  • Engaging in inclusive comprehensive planning efforts in your region;
  • Undertaking efforts to diversify or broaden the economic base in your region;
  • Developing and implementing business retention and expansion programs;
  • Equipping the local workforce with skill sets that make it feasible to shift between jobs or industries if traditional employment bases are interrupted;
  • Utilizing GIS mapping resources to track local data and information;
  • Ensuring that telecommunications networks have adequate redundancy;

Examples of ‘Responsive’ activities would be:

  • Participating in pre-disaster planning activities to identify roles, responsibilities, key parties, and critical activities;
  • Participating in on going communications to identify, monitor, and update needs of the business community;
  • Establishing and utilizing capacities to rapidly communicate with key state, local, regional, and federal officials to communicate identified needs and assess impacts;
  • Establish and publicize mechanisms that accommodate leadership succession to assist with short, intermediate, and long term needs.

Information on response activities and planning practices can be found in the Disaster Resilience Summary found found here.