Lessons for business, from Christchurch’s earthquake aftermath

In The Press (Christchurch, May 7, A13), the CE of Recover Canterbury outlined three critical lessons for all businesses to take note of, in light of the aftermath of Christchurch’s earthquakes. In the time the Recover Canterbury coordinators were working with businesses, they found few businesses had disaster recovery plans and few were familiar with the local economic development agencies and other resources; many businesses used their accountants for compliance purposes, and not for business advisory purposes; and many businesses didn’t have strong relationships around them. The CE believed that if those factors were different, businesses would have been in a better position, at the outset of the recovery process.