

Large scale disasters cause major disruption and damage to economy and industry. Businesses, which provide goods and services, are the engine that supports the lives of people and functions of the community. Without rapid and robust business recovery, there is no sustainable recovery to the community and economy. For instance, studies have shown that 40% of companies that were forced to shut down for more than 3 days will fail within 3 years. In the tri-county area (Miami-Dade, Broward and Palm Beach) of South Florida alone, if only 5% of the companies can reduce closure time by one (1) week, it will prevent over $200 million of non-property economic losses.
No business, large or small, operates in isolation, but rather through an extensive network of employees, customers, suppliers and supporting infrastructure and ecosystems. A disaster-induced business closing will have ripple and multiplying affect since a company is both a customer and vendor in the supply chain. For instance, a business cannot re-open unless its customers and suppliers resume their operations; the availability of food and/or fuel supply in an area has important implications to the recovery of nearby businesses. Consequently, a robust and sustainable business recovery requires reconnecting and rebuilding such an ecosystem damaged or disrupted by disaster.
Several key obstacles hinder business recovery process in disaster situations:
We have been organizing and working with public and private sector partners including Miami-Dade County's Office of Emergency Management, Palm Beach County's Division of Emergency Management, Office Depot, IBM, Wal-Mart, Florida First (a consortium of banks), the Greater Miami Chamber of Commerce, and many others (see our Partners page) for more than three years. We have found that businesses do not have access to a ready solution to these problems despite numerous public/private investments and initiatives for emergency response and disaster data management. Our experience with our partners has shown that they are ready to embrace each other’s best practices, they are ready to share data, and they are eager for a solution that will meet their needs. Their ideal solution would support all phases of a comprehensive disaster management plan: preparation, response, recovery, and mitigation.
BCIN aims to provide a comprehensive and pioneering technology to ensure community-based business continuity from major natural or man-made disasters:
A study by the Insurance Information Institute shows that permanent closure of just 1% of businesses in South Florida will result in the loss of 13,500 jobs, over $1.8 billion in lost sales, and over $414 million in lost payroll in the first year. Gartner estimates that less than 10% of small or medium sized businesses have disaster contingency and recovery plan.
These studies demonstrate the needs and tremendous potential impact of technologies that address these issues. As an example, we estimate that if technology could help only 5% of the South Florida companies to recover 1 week earlier from a disaster, e.g. a hurricane, it would prevent a direct, non-property related economic loss of over $200 million, thus helping to save thousands of companies and tens of thousands of jobs. Impact to other areas of the country would scale, so the potential impact from this research area will be far greater than the numbers indicated above.
The technologies developed to meet the identified critical national need would provide the following new transformational capabilities:
| How to Get involved! | |
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If you’re a Company…
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in our pilot region find out how it works and the network activities we are pursuing for 2009 so you can participate. |
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If you’re a Emergency Management, an NGO with a disaster recovery mission,
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Departments and Agencies across Florida have expressed interest in our model and tool. We would like to share our work with you. |
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If you’re an economic development organization,
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If you have a mandate to provide assessment and assistance we can provide you with the tools you need to improve your effectiveness. Please contact us. |
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If you’re a chamber of commerce,
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We can help you to help your members find the resources they need to recover faster. Check out How It Works now. |
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If you’re a researcher,
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BCIN is a platform for investigation. If you are interested collaboration we are too! Read about out Research and Technology and join our community effort. |
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If you’re a potential partner,
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We want to hear your ideas and find a way to make them work to help the community. Please contact us. |