Business resiliency and planning for disruption

Are your businesses prepared to sustain themselves through a disaster or disruption? A great resource for helping businesses and organizations become more resilient is, funded by the U.S. Department of Commerce Economic Development Administration (EDA) and managed by the International Economic Development Council (IEDC).  According to the website, “ provides resources and best practice information for public and private stakeholders who are seeking to rebuild their local economies after an economic disruption, be it a natural disaster or man-made crisis, as well as assisting the business community in preparing for a disruption.  It is a one-stop shop of disaster preparedness, post-disaster economic recovery, and economic resilience resources, tools, event announcements as well as opportunities to connect with peers through social media groups.”

Business Disasters: from zombie apocalypse to our internet is down for a day

As a part of this disaster preparedness for a community, preparing for resilience by planning for business continuity and disaster recovery is also included (visit webpage).  Disasters for business can not only be the obvious flood, tornado, earthquake or zombie apocalypse, but also death or debilitation of key people, computer crashes, broken pipes, cyber-attacks or anything that disrupts business operations.  On the webpage, you will find a link to two (2) free toolkits for small businesses provided by the Insurance Institute for Business & Home Safety (IBHS).  One is focused on business continuity and the other on business preparedness.  The toolkits contain templates and sample procedures that can be easily customized to a business’ specific needs.

About Daryl Phillips, CEcD

I am a professional economic developer. I presently work for communities and companies in developing and implementing workforce and economic development solutions as CEO of Phillips Economic Development Solutions (Phi EDS). Prior to September 2017, I was the economic development professional who served a community team of elected officials, business people, community leaders and dedicated stakeholders for economic development in Cheatham County, Tennessee (pop. 39,880) and its four towns. During my five-year tenure, I served the team as Cheatham County grew over 1,700 jobs, turned around population declines at the start of this decade into healthy population growth, increased tourism expenditures 20.3% and local tax revenue from tourism 25.4%, grew sales tax revenue 36%, focused on developing the local workforce and was recognized by SmartAsset as having the 9th highest Incoming Investment Index of all the 95 counties in Tennessee. I am a member of International Economic Development Council, Southern Economic Development Council, Tennessee Economic Development Council and International Council of Shopping Centers. I have earned the designation of Certified Economic Developer (CEcD) from International Economic Development Council (IEDC), the Economic Development Finance Professional (EDFP) certification from National Development Council and hold a Master of Business Administration from Tennessee Technological University.
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