Business Continuity Plan: Disaster Mitigation and Building Resilience - Basic Guidelines for Preparation of Business Continuity Plan (BCP) for MSMEs
This guidelines publication was created to help Sri Lanka micro, small and medium enterprises (MSMEs) to have a Business Continuity Plan (BCP) in the event disasters strike. The plan will help to minimize the effect such disasters have on business operations and priortize business functions to ensure a smooth transition till the situation normalizes.
Micro, small and medium enterprises (MSMEs) in Sri Lanka employ over 600,000 people. This accounts for 50% of the country gross domestic product (GDP). The sector, especially in certain geographic locations prone to frequent flooding and landslides, is extraordinarily vulnerable to disasters. However, the MSMEs sector in general and especially in informal services, have very less capacity and skills to mitigate business operations against the impact of disaster incidents. The breakdown of the sector impacts on the livelihood and lives of thousands of workers and their families, many of whom are outside the social safety net.
For this reason, the ILO, with financial support from the Government of Japan, developed basic guidelines for MSMEs to prepare and have in place a Business Continuity Plan (BCP) as a component of Disaster Mitigation and Building Resilience.
For this reason, the ILO, with financial support from the Government of Japan, developed basic guidelines for MSMEs to prepare and have in place a Business Continuity Plan (BCP) as a component of Disaster Mitigation and Building Resilience.