Developing public–private partnership based business continuity management for increased community resilience

Abstract

Within its long history of natural disasters such as floods and typhoons, Japan has experienced several large-scale earthquakes in recent years with disruptions to critical societal functions spreading over a wide area due to interdependencies within supply chains. This paper discusses the requirements for effective public– private partnership (PPP) and describes the necessity and weaknesses of existing PPPs. Existing one-way PPPs have their drawbacks, but combined with a financial incentive, PPP through intermediates can provide an effective approach to enhancing societal resilience. Balancing regulatory pressure and the market mechanism is important for the successful implementation of PPPs.