Tools for Enterprise
The COVID-19 crisis has laid bare the importance of firms’ exposure to an external crisis which can have a devastating impact on their businesses. A renewed emphasis has been placed on the importance of firms not just being “sustainable” but also “resilient”.
Resilience is defined as the ability to adapt to disruptions, maintaining enterprise operations and protecting people, assets and enterprise reputation. It refers to the ability of enterprises and their workers to withstand and to recover quickly from any crisis situation. The resilience approach adopts a multiple hazards perspective, considering resilience against all types of plausible crisis. That means creating an environment that is resilient to outside forces that can impact on the business environment, be they political; social; health; environmental or technological.
The current development discourse and SDG framework is heavily accented on “prevention and resilience” and in creating a culture of resilience and preparedness to manage and mitigate the negative impacts of any crisis.
What role can enterprise play during the pandemic?
The toolkits should be used by:
Smaller enterprises may only have they capacity to use the easy to use self-assessment and specific SME TOOL.
Medium sized and larger firms may be us the wider suite of material in a more structured way.
- small, medium and large businesses that operate near or in conflict affected zones
- businesses in zones that are at risk of violence, to plan for a rapid escalation of violence
- enterprises and their workers