Resource allocation when planning for simultaneous disasters

Abstract

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Sustaining Enterprise Operations and Productivity during the COVID-19 Pandemic: “Enterprise Effectiveness and Sustainability Model”

“…Capital structure dynamics vary among organizations, and thus rely on attributes of asset volatility, tax and growth rate, transaction, and liquidity [143,144]. Without financial risk management, all organizational efforts to survive crisis will be ineffective [145,146].…”

“…For instance, organizations that have not allocated their responsibilities adequately will suffer major post-crisis financial losses. Successful organizations have to put contingency plans in place ahead of the onset, and there should be no room for ambiguity with regards to who is in charge for risk finance preparation and financing arrangements [146]. Financial contingency plans must have a clearly defined budgeting and funding model for mobilization of financial resources, as this will play a major role during disasters and help to navigate through hardship [147].…”

Staring at the Sun during Wildfire Season: Knowledge, Uncertainty, and Front-Line Resistance in Disaster Preparation

“…While practitioner writing and scholarly research on disaster preparedness is extensive, less is known about preparing and responding to two or more disasters simultaneously (Doan and Shaw 2019 ), at least in part because these events can rarely be anticipated. Eclipses themselves are not disasters, but they are a type of mass gathering event , defined as an event with enough people in attendance to “strain the planning and response resources of the community, state or nation hosting the event” (WHO 2008 , 7).…”

“…Scholars have developed analytical and computational models for multiple hazard preparation and response, for example, modeling pre-positioning and operational allocation of resources to multiple wildfires (Minciardi et al 2009 ), or the most effective allocation of resources across multiple cities to simultaneous disasters (Doan and Shaw 2019 ). However, analytical models provide incomplete information about how disaster managers and front-line responders will actually act during these types of incidents.…”

“…However, analytical models provide incomplete information about how disaster managers and front-line responders will actually act during these types of incidents. As scholars note, decision makers may lack analytical training and “rely on experience and simple heuristics” instead of formal models, leading them to “non-optimal decisions” (Doan and Shaw 2019 , 701). Similarly, research on organizational response treats “humanness as a limitation” or “an obstacle” (Henderson 2012, 219).…”