A ground-up approach to estimate the likelihood of business interruption

Beyond panic buying: consumption displacement and COVID-19

“…Introduction COVID-19 poses one of the most substantial peacetime challenges facing business and government in the past 100 years. Changes in the external environment, often expressed in terms of business and economic cycles, together with crisis events are part of the "normal" issues that confront business and the service sector and to which they must anticipate, prepare, mitigate and respond (Gaddum, 2002;Elliott et al, 2005;Smith, 2005;Yoshida and Deyle, 2005;Zolin and Kropp, 2007;Priporas and Poimenidis, 2008;Xiao and Peacock, 2014;Li et al, 2019;Nocera and Gardoni, 2019). Services crisis and disaster related research occurs at different scales and includes assessments of industry sectors, businesses, organisations and specific elements of services management and marketing, including service relationships and recovery.…”

The Value of Water—Estimating Water-Disruption Impacts on Businesses

“…The questionnaire was based on a mix of open-ended and multiple-choice questions, consisting of a total of eight questions (see Questionnaire S1 for details): (1) whether the company uses public water, private water or both; (2) if private water, which type of water the company uses; (3) what proportion of value added (in percent of normal business activity) the company can maintain during a water disruption that lasts for: 2 h, 4 h, 12 h, 24 h, 1 week, and 1 month; (4) the reason for lost value added, if any; (5) how long it will take the company to recover after a water disruption that lasts for: 2 h, 4 h, 12 h, 24 h, 1 week, and 1 month; (6) if the company have access to supplementary water and if so, which kind; (7) if the company has taken any other measures so as not to be affected by water disruptions and if so, which; and (8) if the company has experienced an unplanned water disruption event during the last five years. Some administrative questions were also included.…”

“…In recent years, both the likelihood and the severity of water disruption events have increased, both in the European Union and around the world [3,4]. As a disruption in the water supply can force businesses to production slowdown or shut down [5,6], threats to uninterrupted water services are acknowledged as significant business risks in many economic sectors [7].…”

An Investigative Study to Analyze the Impact of Covid-19 on Key Financial Measures and Operations of Indian Consumer Durable Industry

“…Reduction or loss of functionality of the supporting critical infrastructure can be a reason for interruption. Moreover, the impact on social systems affects the availability of the workforce at a specific business as well as customers (Nocera & Gardoni, 2019). Indeed, managing working capital, liquidity, profitability, and solvency in all situations is a challenging task for managers.…”