The Bamboo Series discusses BCM as resource to make businesses resilient

KATHMANDU: The NET consortium organised the third event of The Bamboo Series to discuss the topic 'Resilience of Women Businesses', on Tuesday. The NET consortium comprises National Disaster Risk Reduction Centre (NDRC) Nepal, Enterprise for Management, Economic Reform and Gender Equality (EMERGE), and Tangent Waves. The event provided great insights into the challenges faced by women entrepreneurs during disasters like Covid 19 pandemic. It highlighted the urgency for entrepreneurs to be aware of Business Continuity Management (BCM), harness the skills to develop a Business Continuity Plan (BCP), and implement it to make their business disaster resilient. Participants included Olivia Setkic from Swedish Civil Contingencies Agency, MSB, Sweden; Dinesh Chandra Joshi from NDR Net; and Prakash Ghimire from Media, Netizennepal.com as well as women entrepreneurs from different business sectors. The session was intriguing, with participants sharing their thoughts on BCM and BCP. Joshi from NDR Net reiterated entrepreneurs' challenges and expressed that the private sector needed to develop BCP to remove the hurdles laid bare by disasters like Covid 19. He also stressed the need to simplify the process of business impact assessment making it easy to understand, develop and implement the plan. Ghimire said it will be interesting to know how important it is for the public sector to adopt BCM and develop and implement BCP. Nisha Shrestha, social filmmaker, focused on visual advocacy. She stressed that it was easy to make plans but challenging to implement. The session clarified the need and importance of developing a BCP. The key takeaway was that the information on Plan, Do, Check and Act (PDCA) cycle of BCM would work as a road map for businesses. In addition, BCP if implemented, will help minimise, mitigate, reduce, or transfer 90% of the business risks. The Bamboo Series is a segment of the NET Consortium’s Change Initiative that focuses on promoting sustainable and resilient business practices that incorporate GESI and DRRM perspectives replacing the business as usual. The change initiative was born out of the International Training Programme for Disaster Risk Management, organised by the MSB, Sweden and is led by change agents - Shyam Jnavaly, Mona Shrestha Adhikari and Suman Shakya who represent the NET consortium. READ ALSO:

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