Over recent weeks a large chunk of this country has been under water, the worst impacted areas are in Queensland. Here is a map showing the impacted area.
One of the major economic impacts of this flooding has been on the coal mining industry. Estimates of the cost to the coal industry are up to A$1billion. Queensland is the single largest source of coking coal in the world (essential to steel production).
So while it may be bad news for local suppliers, one can guess that the price of this stuff is going to skyrocket and we may see knock-on impacts in other industries as the lack of supply is felt.
Where is the good news you are asking?
The mine companies have closed down their operations and invoked force majeur clauses in their shipment contract. Just accepted good BC practice I would suggest for this industry.
The good news was that the mine companies have deployed their workforce to help local people recover – sandbagging, cleaning up, what ever was required to get the community operating again.
I understand this is being done as paid work for the miners and clearly illustrates the importance of a BC approach that recognises the need to help the local community when impacted.
From Australian Broadcasting Corporation
Just re-enforces one aspect of community I was talking about yesterday and why it is an important focus area for the study of resilience.
Can you see where your company could be imapcted by the ripple effects?
The area is also a major source of wheat – does that change the impact on you?
Who out there has this kind of social responsibility thinking in their BCM Program?