Amcham advises companies to plan for disasters, pandemics
Friday 19 February 2021
Coco Reef Resort and Spa, Crown Point, Tobago. Companies in the region must include planning for the impact of natural disasters and pandemics in their strategic vision, advised the American Chamber of Commerce TT. File photo -
Companies must include continuity planning among their long-term strategic goals, especially since the region is vulnerable to the negative impact of natural disasters and pandemics, American Chamber of Commerce of TT (Amcham TT) president Patricia Ghany said on Thursday.
"The frequency of disasters in this region means that recovery can take years. We know that our region will almost always be susceptible to sudden and quick changes affecting both our lives and business," said Ghany. "If it’s not covid19, it’s going to be the impact of climate change. The point is, if we are going to survive, we must make business continuity planning part of our long-term company strategic vision."