Building Business Resilience

Businesses around the world are reeling from the impact of COVID-19. You may be facing disruptions in the supply of materials and services, and demand for your products may have dropped. You may also have to reorganise your workplace for safety, implement more digital solutions and address key issues such as data security. Is your business resilient enough to survive and thrive?

Business resilience is your business’ ability to deal with these uncertainties, recover from difficult situations and bounce back into shape. If you already have a plan to build business resilience, you will be better placed to ride out the crisis. If you are new to business resilience, consider how digital solutions can support your operations and transform your business to emerge stronger and more resilient.

Bring a resilient company helps you to:

  • continue with business during disruption
  • identify and address risks
  • build robust systems and processes

Setting up a Business Continuity Plan

One of the first steps to building business resilience is to set up a business continuity plan. If you have not done so, follow these three steps to craft your business continuity plan, using standards as tools:

  • 1. Identify risks
  • 2. Establish a business continuity system
  • 3. Implement solutions

Step 1: Identify risks

SS ISO 31000:2018 Risk management helps you to identify and address risks in your organisation.

Step 2: Establish a business continuity system

SS ISO 22301:2020 Business Continuity Management helps you to implement processes to continue with your business during any disruption.

Step 3: Implement solutions

There are various standards to help you implement solutions that establish robust systems and processes in your business.

Click here to find out more about the solutions that can help your organisation build resilience.


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