As natural, economic, and geopolitical disasters become more common and acute, businesses must actively prepare for emergencies. Although devising a comprehensive risk management protocol may seem daunting, companies can combat crises through Business Continuity Plans (BCP), which, over the last decade, have helped firms throughout Chennai safeguard against catastrophe. More specifically, BCPs can help Small and Medium Enterprises (SME) determine how to allocate their limited resources in a manner that both protects their business model from shocks and optimizes financial performance.

Author:

R Vaidhyanathan (RV)
Hon. Fellow of BCI, Master of BCP-DRII
Sr. Director – BCM
Head BCM – Governance Risk Compliance & Client Services