Stormy Business
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Stormy Business

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CEO Insight Minute: How Can Companies Adapt to More Costly Tropical Storms?

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CEO Insight Minute: How Can Companies Adapt to More Costly Tropical Storms?

The economic and human toll of tropical cyclones has increased in the last five years. How can businesses plan for these impacts?

Businesses are experiencing greater financial impacts from more frequent and severe tropical cyclones. An important focus of business management will be the adoption of resilient operations, diversified supply chains, and a greater ability to retain profitability and production even during times of adverse storms.

Businesses are experiencing greater financial impacts from more frequent and severe tropical cyclones. An important focus of business management will be the adoption of resilient operations, diversified supply chains, and a greater ability to retain profitability and production even during times of adverse storms.

Author

Alexander Heil, PhD

Alexander Heil, PhD Alexander Heil, PhD

Senior Economist, ESF Center
The Conference Board

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