The COVID-19 crisis has hit businesses harder than ever before. Although many large companies had a Business Continuity Plan (BCP) in place that they can fall back on in case of emergencies, but they fell short of expectations during this unprecedented crisis. In fact, sustaining the Business Continuity amidst the lockdown, social distancing, adapting to the 'New Normal' of remote work didn't quite go without hiccups for organizations across India.
Through the CIOL 'BCP PlayBook' series, we will try to give you a glimpse into the strategic Business Continuity Plans of various organizations across industries including the plan, the execution, the benefits they got from their updated BCP initiatives.
Today, we will take you through Cyient's BCP initiatives.
In the video below, Karthikeyan Natarajan, President & COO, Cyient tells about the company's BCP strategy and the path going forward:
(Please click on the image to watch the video)
Cyient has enabled almost 93 percent of its 10,000-odd workforce across eight cities in India to work from home during the lockdown and has also made its workplaces ready to receive them back. The company has also been redesigning some of the existing policies, and bringing in new tools to ensure operations becomes fully digitized.
The company has been able to achieve more than 90 percent productivity in less than three weeks by embracing an effective culture of collaboration across the organization. The company has brought in best-in-class encryptions and security protocols to keep the data secure across the organization and has also benchmarked the security architecture with third party assessment tools.
Building a best-in-class security architecture
Expedite digital transformation efforts
Incorporate new delivery models
Incorporate new ways of acquiring and retaining talent
"Covid, or no Covid, BCP is important to build resilience"