Sometimes businesses are disrupted, not disruptive. Hurricane Katrina caused one of the most damaging and difficult situations to an entire city. Besides the countless people who were affected, many businesses failed.
For companies i n the 50-500 employee range: there were 149 companies in 2004 headquartered in New Orleans.By end of 2005:
- 11 companies failed
- 49 companies declined over 20%
- 18 companies grew
Reviewing those 18 companies suggest three drivers of growth.