Practical tools for_economic_recovery_220311.ppt[1]


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Practical tools for_economic_recovery_220311.ppt[1]

  1. 2. Question <ul><li>Is Economic Development critical to </li></ul><ul><li>the services of local government, in </li></ul><ul><li>an emergency? </li></ul><ul><li>A show of hands who is involved on </li></ul><ul><li>their Council’s Emergency </li></ul><ul><li>Management Team? </li></ul>
  2. 3. Context
  3. 4. The Economic Impact of a disaster Source: Adapted from Bureau of Transport Economics 2001, Economics Costs of Natural Disasters in Australia, Report 103, Canberra .
  4. 5. Where to begin… <ul><li>First Rule – It isn’t Rocket Science </li></ul><ul><li>Emergency Management Australia </li></ul><ul><li>Building Business Confidence </li></ul><ul><li>Work on the Foundations - SBMS </li></ul><ul><li>Consider direct and indirect impacts </li></ul><ul><li>Work with business identify an action plan </li></ul><ul><li>Identify barriers to trade </li></ul><ul><li>Consider how different professions will respond and </li></ul><ul><li>recovery eg, Farmer vs Tourism Operator vs Retailer vs Logging industry </li></ul><ul><li>Show leadership </li></ul>
  5. 6. Effective Economic Recovery <ul><li>Response and recovery actions actively support the </li></ul><ul><li>recovery of business and industry </li></ul><ul><li>Business and/or industry representatives participate </li></ul><ul><li>in economic recovery decision making </li></ul><ul><li>Business and industry is returned to activity as early </li></ul><ul><li>as possible </li></ul><ul><li>Economic recovery strategies are an integral part of </li></ul><ul><li>the overall recovery management process </li></ul><ul><li>Measures are taken to mitigate against the impacts </li></ul><ul><li>of future disaster on business continuity </li></ul><ul><li>There is coordination of all recovery programs to </li></ul><ul><li>support and enhance the economic structure </li></ul>
  6. 7. * Auspiced by Tourism Victoria and Yarra Valley & The Dandenongs Marketing. Strategically Manage Recovery
  7. 8. Understand Your Community <ul><li>SWOT </li></ul><ul><li>Use your Economic Profile and Research – will your disaster impact </li></ul><ul><li>all industries and customers </li></ul><ul><li>Assess industries and townships resilience and leadership </li></ul><ul><li>Gather new data to stake your claim to Government </li></ul><ul><li>Psychology of communities Rob Gordon Diagram </li></ul>
  8. 9. Normal Community Community Normal
  9. 10. Threatened Community Under Stress Disaster Event horizon Bonds Reform Debonding Community Threatened Disaster Event horizon typerbonding Disaster Event horizon Under Stress
  10. 11. Intense need for social connection Intense need for connection Emotionally aroused bond seeking activity Boundary formation excludes outsiders New bonds forming social
  11. 12. Fusion unstainable – life demands resume Fusion demands resume Losses Experiences Resources Joint Tensions Location Compensation Unstainable-life
  12. 13. Recovery/Reconstruction – normality resumes Normality resumes Recovery/Reconstruction
  13. 14. Use Your Contacts <ul><li>Economic Development Practitioners can have powerful connections that may unlock fast responsive funds for a variety of initiatives </li></ul><ul><ul><li>Restaurant Catering Sponsorship for </li></ul></ul><ul><ul><li>volunteers $70K </li></ul></ul><ul><ul><li>Consortia funding for a new playground </li></ul></ul><ul><ul><li>in Yarra Glen $560K </li></ul></ul><ul><ul><li>Bendigo Bank contribution of around </li></ul></ul><ul><ul><li>$140K to community recovery activities </li></ul></ul><ul><ul><li>$10K Westpac </li></ul></ul>
  14. 15. Keep Industry Informed Industry Keep Informed
  15. 16. A bit of Luck A bit of Luck
  16. 17. Buy Local Campaigns Local Buy Campaigns
  17. 18. Key Resources Key Resources
  18. 19. Economic Recovery Top Tips <ul><li>Use your previous knowledge, research and contacts to your advantage </li></ul><ul><li>Be Strategic about what you can do – ask for support </li></ul><ul><li>Build Business Confidence and Resilience </li></ul><ul><li>Show leadership </li></ul>
  19. 20. Be Creative