PSBA-Manila Graduate School of Business will hold its 3rd International Research Colloquium on the International Day for Disaster Reduction 2018

The Philippine School of Business Administration – Manila, Disaster Risk Management Unit along with the The University of the Philippines Planning and Development Research Foundation, Inc. and the Quezon City Government will hold its 3rd International Research Colloquium on October 13, 2018 in the Quezon City Experience (QCX) Conference Theatre, Quezon City Circle, Quezon City, Philippines. The theme for this Colloquium is “Business Management Resiliency towards Risk Reduction in Changing Climate: Promoting Financial, Industrial and Environmental Safety”.

October 13 is also the International Day for Disaster Reduction, which is timely for the theme of the Colloquium. There are more than 100 participants expected including PSBA-Manila Master and Doctorate students, Graduate School and Undergraduate Schools’ Faculty members, UP-SURP faculty members, UP PLANADES representatives, Quezon City Government Scholars, International researchers and guests.

In addition to inviting experts on Climate Change and Disaster Risk Reduction and Management to speak on the topic, the Colloquium will provide students space to present their ideas for mitigating the effects of climate change in business management resiliency.

The Concept Note for the Colloquium can be found below.


CONCEPT NOTE

Activity: THIRD INTERNATIONAL RESEARCH COLLOQUIUM (3rd IRC)

Academic Year 2018-2019

Theme: Business Management Resiliency towards Risk Reduction in Changing Climate: Promoting Financial, Industrial and Environmental Safety
Date: 13 October 2018
Venue: Quezon City Experience (QCX) Conference Theatre, Quezon City Circle, Quezon City
Number of

Participants:

We are expecting more than 100 participants that include PSBA-Manila Master and Doctorate students, Graduate School and Undergraduate Schools’ Faculty members, UP-SURP faculty members, UP PLANADES representatives, Quezon City Government Scholars, International researchers and guests.
Organizing

Partners:

Graduate School of Business, Philippine School of Business and Administration-Manila, University of the Philippines Planning and development Research Foundation Inc. (UP PLANADES), and Quezon City Government (QCG).

 

Background and Rationale:

The Third International Research Colloquium of the Philippines School of Business Administration – Manila (PSBA) is another step towards an intelligent search for solutions to the business continuity problems related to disaster impact in changing climate. The theme of this year’s Research Colloquium is “Business Management Resiliency towards Risk Reduction in Changing Climate: Promoting Financial, Industrial and Environmental Safety”.

With the latest researches that will be shared by Graduate School students and international scholars, it is hoped that not only PSBA, but also the entire country will benefit from such kind of events in promoting financial, industrial and environmental safety. This Colloquium is expected to be an event full of learning about the importance of business management resiliency; how climate-resilient is a business organization; and how firms around the world are adapting to the megatrend of the Climate Change.

The frequency and intensity of disasters, both natural and man-made, are on the rise. Their impact on our own well-being, livelihood, and economy are ever-increasing. Essentially, the increasing impact of disasters on the numbers affected and on economic and material loss is logically explained by the increasing levels of vulnerability of people, caused by poverty, having to settle in marginal risk prone areas due to population pressure, environmental degradation, and ill planned development interventions.

Moreover, Climate Change is emerging as a threat to the stability of the financial system. The finance industry could be forced into making rapid adjustments if they do not gradually expose where their Climate Change risks might lie, which could trigger steep losses. Thus, there is a serious need to strengthen our chances of surviving disasters.

To deal with Disaster Risk Reduction (DRR), the United Nations (UN) and member countries showed their concern by formulating the Hyogo Framework for Action (HFA) in 2005 which set goals to reduce disaster losses by 2015. The HFA states that, “At times of disasters, impacts and losses can be substantially reduced if authorities, individuals and communities in hazard-prone areas are well prepared and ready to act and are equipped with the knowledge and capacities for effective disaster management”. In addition, 2015 was an important year for DRR and Climate Change Adaptation (CCA) in the international level. Following the end of the HFA, the Sendai Framework was developed with seven targets through four priorities for action for the year 2030 focusing on DRR. Further, in December 2015, a conference between 195 countries was held in Paris, France which set goals for Climate Change came to be known as “The Paris Agreement”. In addition, in September 2015 at the UN Sustainable Development Summit, a final document for the Sustainable Development Goals (SDGs) was developed, which lists 169 targets over 17 goals, each with its own indicators to measure compliance. The 13th SDG in particular focuses on Climate Action.

At the regional level, the Association of Southeast Asian Nations (ASEAN) has also issued joint declarations and statements on working effectively against Climate Change and for DRR. This includes adopting a protocol or legal instrument to understand more about Climate Change and DRR issues and to engage in joint efforts to address these issues.

In the Philippines, there are laws that promote DRR and CCA as mandated by to major laws: the Republic Act No. 10121, the Philippine Disaster Risk Reduction and Management Act of 2010; and the Republic Act No. 9729, or the Climate Change Act of 2009. These mandates provide the legal basis for policies, plans, and programs to deal with business management resiliency.

In line with this, we need to reinforce our institutional capacity for disaster risk reduction and management and build up the resilience of our communities, including the financial, industrial, and environmental sectors. In recent times where factors contributing towards vulnerability are widespread, the challenges posed to humankind by disasters, whether natural or man-made, are larger than ever. Disaster and vulnerability are problems we have been facing with for over hundreds of years. Indeed, businesses will be inevitably impacted by them. These impacts include reduced revenues due to operational disruptions and decrease in business activities; increased maintenance costs of damaged infrastructure; shortening of assets’ lifetime and decrease in value; and a substantial increase in insurance premiums and retrofitting costs as more infrastructures are damaged and regulations/technology standards evolve.

The main objective of this International Colloquium is to contribute to business continuity and resiliency planning by sharing knowledge acquired through relevant studies and researches within and among DRM planners, business administrators, and implementers in this region of Asia. It is also the intention of the Colloquium to raise the general awareness of the MBA and DBA students of PSBA and the other participants of the Colloquium on this subject. Particularly this Colloquium seeks to disseminate knowledge and share good practices in terms of following:

  1. Introducing various disaster risk financing and insurance schemes for vulnerable groups and/or communities.
  2. Sharing of tools and practices in preventing new disaster risk and reducing existing disaster risk especially through the implementation of integrated and inclusive economic, structural, legal, social, health, cultural, educational, environmental, technological, political, and institutional measures that significantly contribute in preventing and reducing hazard exposure and vulnerability to disaster, increasing preparedness for response and recovery, and thus strengthening resilience.
  3. Promoting instruments, tools, methodologies, and approaches to enhance implementation capacity and capability of developing countries as well as middle-income countries facing specific challenges, including the mobilization of support through international cooperation for the provision of means of implementation in accordance with their national priorities.
  4. Providing knowledge on needed measures to reduce vulnerability and to increase capacity to cope with disaster impacts on businesses and overall economy through mainstreaming it into our daily life function in the terms of integrating in the Countries’ development Programs, Projects, and Activities.
  5. Promoting awareness and understanding on issues related to Disaster Risk Reduction and Management and Climate-related disasters.
  6. Disseminating knowledge and sharing innovations in risk reduction towards business resiliency;
  7. Determine the relevance of business resiliency towards risk reductions in changing climate, how it affects the financial, industrial, and environmental safety of different business organizations/sectors, and how these businesses can deal/ cope-up on this changing climate.

Further, the Colloquium will provide students the much-needed space to present their ideas that could form part of the country’s reservoir of practices in the hope of mitigating the effects of climate change in business. The participants in this Colloquium will include students in graduate studies, the faculty of PSBA, and speakers from other countries that specialize in this topic.

October 13 also happens to be the International Day for Disaster Reduction which celebrates how communities all over the world are reducing their exposure to disasters. This Colloquium, in turn, is our own observance in building a more disaster-resilient business community and promoting safer financial, industrial, and environmental sectors.


To GADRI members:

We are opening this event exclusively for GADRI Members. Further, the PSBA-Manila DRM Unit shall extend support to three members for accommodation and meals for two nights (October 12 and 13) on a first-come first-served basis. Kindly send a letter of intent to participate and request for invitation to the DRM E-Learning Coordinator, Mr. Ramon Iñigo Espinosa at <inggo@psba.edu> on or before September 26, 2018. Please note that airfare and transportation must be shouldered by the participant. We can also provide assistance in reserving accommodations for the event.

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