Coping strategies against extreme weather events: A survey of SMEs in the UK
Wedawatta, GSD, Ingirige, MJB and Jones, K 2010, Coping strategies against extreme weather events: A survey of SMEs in the UK , in: COBRA 2010 , 2nd - 3rd September 2010, Paris.Full text not available from this repository.
Small and Medium-scale Enterprises (SMEs); which generate more than one half of the employment and turnover, form an important sector of the UK economy. In fact, SMEs are considered as the backbone of the UK economy due to their significant economic and societal importance. Despite SMEs being the main drivers of the UK economy, they are also said to be the most vulnerable to the impacts from various disruptions such as Extreme Weather Events (EWEs). Consequently, increased intensity and frequency of weather extremes in the UK during the recent past has created a significant impact on the SME community. As the threat of EWEs is expected to further increase in future, the need for SMEs to implement effective coping mechanisms to manage the effects of EWEs is also increasing. This paper aims to identify and evaluate the current coping mechanisms implemented by SMEs to ensure their business continuity in the event of a weather extreme. The paper presents the findings of a questionnaire survey, conducted as part of “Community Resilience to Extreme Weather – CREW” research project, addressing this issue. It is identified that SMEs mostly rely on generic business continuity strategies as opposed to property level protection measures. The paper highlights the importance of raising the uptake of coping strategies by SMEs, as many were found without adequate coping strategies to deal with the risk of EWEs.
|Item Type:||Conference or Workshop Item (Paper)|
|Themes:||Built and Human Environment|
|Schools:||Colleges and Schools > College of Science & Technology > School of the Built Environment > Centre for Disaster Resilience|
|Depositing User:||Gayan Wedawatta|
|Date Deposited:||12 Oct 2011 13:07|
|Last Modified:||12 Oct 2011 13:07|
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