Measuring the Business Value of Resilience

Thursday, July 28, 2022 — 1:15 to 2:15 PM EDT

While the immediate impacts of catastrophic events focus on property damage, the business interruption losses can be tenfold greater.

According to a recent study led by Noah Dormady of The Ohio State University, investing in resilience tactics can dramatically reduce these losses. Noah is an energy and environmental economist and public policy scholar.

Based on new metrics, Noah’s research team surveyed firms affected by Superstorm Sandy and Hurricane Harvey and found that for every dollar spent on resilience, firms avoided an average of $4.57 in business interruption. 
Joseph Fiksel will moderate the session. Joseph is one of the original architects of the enterprise sustainability and resilience field and has consulted for corporations, government agencies, and non-profit consortia worldwide.  Joseph is the instructor for the GW “Enterprise Resilience” online certificate course.
Join SSF and EEMI at George Washington University to hear from Noah about his research and the tactics that had the most resilience impact.