Poll: Most companies have crisis management plan

Corporate News

KUALA LUMPUR: About 70% of Malaysian companies do have a business continuity plan or a crisis management plan to deal with or mitigate the effects of a global pandemic such as COVID-19, according to a poll by the Institute of Corporate Directors Malaysia (ICDM).

However, the poll highlighted that only 62% of these companies had started implementing their plans, while 21% admitted that their organisations did not have any contingency plan but are in the midst of developing one in response to the Movement Control Order (MCO).