Both situations have highlighted the difficulties that these extremes of weather have caused: There have been fatalities. Flights have been cancelled, schools closed, roads have become impassable and both countries have experienced problems maintaining the power supply. There are fears for crops and livestock. In the US, shopping malls, cinemas and even ski slopes have been closed whilst in the UK, families were without power over the Christmas week.
It will be interesting to understand the longer term impact on businesses, and whether different modes of business have fared better. How many businesses will actually invoke their contingency plans and, in the event of rising waters or dropping temperatures, at what point does this happen? Does the ability to be able to deliver on-line services or work from home improve a businesses ability to react, or does this additional dependency on power, connectivity and, for example, delivery services create additional complexities? Have larger businesses been impacted, or is it just smaller businesses that have felt the brunt of the weather?
Written by Helen Molyneux