Biz-How-To: How to build business resilience for a crisis

In a world where crises can arise unexpectedly, the resilience of businesses is not just a matter of survival but a cornerstone of national security and societal stability.  Building this resilience requires a multifaceted approach: from developing robust contingency plans to fostering a culture of preparedness and agility. Businesses must anticipate disruptions, whether they be cyber threats, supply chain hiccups, or other unforeseen challenges, and cultivate a proactive response mechanism. This is where the purpose and objectives of the Exercise SG Ready come into play - an initiative that is a critical component of Singapore's Total Defence strategy, aiming to weave resilience into the operational DNA of businesses. Senior Lieutenant-Colonel (SLTC) Psalm Lew, Director of Community Engagement, Nexus on the strategies that can fortify businesses against the unexpected, ensuring they are not just survivors but pillars of strength in times of crisis.   Presented by Ryan Huang This podcast is produced and edited by Anthea Ng ([email protected]) She produces Mind Your Business, Biz-How-To and Breakfast Special segments on the Breakfast Show. Do contact her for topics: C-Suite, SME, Startups, Healthtech, Sustainability, Property, Intergenerational Family Business, Industry Outlook, Fintech and trending businesses in town.  See omnystudio.com/listener for privacy information.