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Mona School of Business and Mgmt wins award

Published:Wednesday | April 6, 2016 | 12:00 AM
Densil Williams

Mona School of Business and Management(MSBM) won the award for the best white paper featuring disaster risk management as a new academic offering at a workshop held at the Shulich Business School, York University in Toronto Canada, March 23-24.

MSBM's submission titled: Mainstreaming Disaster Risk Management in Management Education was co-authored by Dr Indianna Minto-Coy and Dr Lila Rao-Graham. The paper will be published as part of the proceedings from the event as well as a chapter in a forthcoming publication from Emerald Publishing.

The workshop was organised by the Private Sector Alliance for Disaster Resilient Societies and Florida International University with support from the German Federal Ministry for Economic Cooperation and Development.




MSBM was invited to participate in the project based on work being done in the school on competitiveness of small economies and the recognition of the case for small island developing states which currently face a number of environmental threats and peculiarities relating to business and management at the local and international levels that have heightened their vulnerability.

White papers and presentations were made by business schools from universities in Florida, Brazil, Canada, Chile, Colombia, India, Indonesia, Mexico and Peru.




Reacting to the award, Professor Densil Williams, executive director of MSBM noted that, " the award signals the consistently high quality work which the school continues to produce as it seeks to make a solid contribution to nation building across the Caribbean. The school continues to be a leader in not only conceptualising but also applying, cutting-edge solutions to contemporary problems which pose a threat to the sustainable development of Jamaica and the wider Caribbean region."

While receiving little attention over the years, disaster risk management is of major importance to businesses in the Caribbean given the devastating impact of disasters on business sustainability and growth. Economic losses from disasters are expected to reach US$414 billion globally by 2030, a significant increase from the US$260 billion seen in 2015.

Through the partnerships created at the workshop, MSBM are also now a pioneer in global efforts to mainstream disaster risk management in business schools globally.