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Natural Disasters

Wondered what impact cyclones could have on businesses?

According to eos, between 1982 and 2019, there was a significant increase in the frequency, duration, and intensity of cyclonic storms. Tropical cyclones are likely to increase in intensity and cause increased rainfall due to climate change which will cause a lot more damage.

Wondered what impact cyclones could have on businesses?

What are cyclones

According to eos, between 1982 and 2019, there was a significant increase in the frequency, duration, and intensity of cyclonic storms. Tropical cyclones are likely to increase in intensity and cause increased rainfall due to climate change which will cause a lot more damage.
But before diving into the impacts of cyclones, let’s understand the meaning of cyclones.

What are cyclones?
Cyclones are tropical storms created by winds of low atmospheric pressure blowing around a central area. They are inward spiraling winds that rotate counterclockwise in the northern hemisphere and clockwise in the southern hemisphere.
The topography, intensity, and frequency of the cyclone determine the vulnerability of a place where it strikes.

Now that we have a better understanding of cyclones, let’s look at some of the impacts they have on the environment, infrastructure, and humans. 

 Impacts

 

Cyclones are one of the most destructive natural disasters and have certain impacts which are

  • Strong winds cause damage to infrastructure, uproot trees, and lead to other catastrophes.
  • Torrential rainfall leads to unprecedented floods and damage to houses and buildings.
  • As a result of storm surges, seawater levels rise, exposing coastal areas to flooding.
  • In addition to eroding beaches, sea-level rise also damages embankments.
  • Floods caused by severe cyclonic storms can damage vegetation and livestock.
  • The soil becomes infertile due to the strong winds and flood conditions,
  • In addition to this, cyclonic storms cause the loss of plant, human, and animal lives and affect the country’s economy.

According to Munich Re, cyclones are responsible for more than half of the losses caused by natural disasters in the period from 1980 to 2018. The damage amounts to a total of 211 billion USD and it is increasing rapidly. 2020 cataloged the highest number of tornadoes in the world. It was also the costliest cyclone season in the Northern Indian Ocean, witnessing the strongest cyclone in 21 years. A total of 2 million people have been killed by cyclones in the last two centuries. It is estimated that an average of 10,000 people perish every year due to cyclones.
One of the worst affected regions in the world is the Indian subcontinent. With a coastline of 8041 kilometers, the subcontinent is exposed to nearly 10 percent of tropical cyclones. Every year, five to six tropical cyclones form, out of which two or three can be severe, on average. According to business standards, as many as 117 cyclones hit India in 50 years from 1970-2019, claiming over 40,000 lives. Throughout the world, tropical cyclones continue to pose a serious threat to people’s lives and assets.

Impact of Cyclones on businesses

Organizations and businesses suffer the consequences of cyclones. Due to high winds and flooding, tropical cyclones cause widespread damage in specific regions. Direct impacts on commercial property and infrastructure can lead to production shortfalls, causing a loss of revenue. Further losses can occur if business continuity is lost through a disrupted supply of intermediate inputs from, or distribution to, other businesses.

Tropical cyclones pose a great threat to the construction and sustainable development of human society in that they not only destroy traffic grids, communication facilities, warehousing, and so on, causing large amounts of property damage, but they also spread diseases and jeopardize the physical and mental health of humans. 

How businesses can accomodate during cyclones?

As cyclones hit, it can become difficult to deal with them. Here are some methods that can help businesses be prepared during a cyclone.

Assess – The risks that your business may face can vary depending on the situation. Gather data from all the relevant sources, including weather forecasts, public safety information, and social media. Real-time information is important, and without this, your response may end up doing more harm than good

 

Act – Take quick decisions and locate people who are affected by this and people you think can handle the situation. Fast communication and quick decisions are important because, in moments like this, every minute counts.

 

Analyze – Every severe weather emergency response generates valuable data that is used in the continuous improvement process for risk management. Analyze your data, identify gaps, and use lessons learned to discover areas of improvement.

Use the riskmatic platform to protect your business during cyclones.

To make this process easier and more efficient, you can get technical assistance from the right platform that can help you during a crisis like this. Seek out technical support that maximizes your preparation and response with relevant capabilities. The Lythouse Riskmatic Management Platform helps with business continuity through its Saas-based platform. It has the following features that help during various critical events:

 

  • Intelligence alert system: The AI tool helps sort out relevant information on hurricanes from various sources. It also analyzes how your business might be affected by that and how your operations align depending upon the area of impact. It sends an alert to you regarding the impact on your business or employees.
  • Communications: The CUG feature helps you send notifications and alert your people quickly and effectively through multiple channels. You can notify multiple people instantly through the mass communication feature, wherein you can select a group of people and send them alerts in an instant. There is a clear process for people to mark themselves as safe or request assistance as necessary.
  • Risk mitigation workflow: The incident distribution helps you assign and forward the task to the relevant authorities and track the completion status. Technology can ease the burden of command through automation in this area as well.
  • Safe havens: A list of safe locations for a crisis like this where you can go and seek shelter. The platform provides a network of locations with verified contact lists. 

The platform helps you protect your business before, during, and after an incident. It improves your response and prepares you in advance.

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