Pandemic teaches companies to prep for crisis


Hailey Chung Wee Kye

Public and private sector entities have learnt to employ teleconferencing apps such as Zoom as a worldwide coronavirus outbreak forces lockdowns and social distancing rules. – EPA pic, March 11, 2021.

THE Covid pandemic has shown that companies would do well to run regular drills, or risk rehearsals, on their work and business processes, to prepare for crisis, risk experts said.

Risk rehearsals help businesses anticipate future crises and ensure smooth transitions and continuity of operations and processes during a crisis, said BDO Governance and Risk Advisory Malaysia executive director Karthigayan Supramaniam.


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