Business Continuity Research Articles

Sustainability Business and Its Impact on Project Performance In the mining Industry in Kenya: A case of Tata Chemicals Magadi, Kenya

Sustainability business is a self-regulating business model that helps a company to be socially accountable to itself, its stakeholders and public. The general objective of the study is to establish the impact of sustainability business on project performance in the mining industry in Kenya. Different theories and literature relating to the study were reviewed and the emerging knowledge gap identified. The research was conducted in the mining industry specifically within Tata Chemicals Magadi Limited (TCML). The target population was 300 respondents from different departments including marketing and supply chain (internally) and externally the population included women and young people. The researcher used stratified random sampling. From the possible 300 target population, stratified random sampling was employed to select a total of 72 sample population. This is 24% of the total population. The method used for data collection was quantitative design where a structured questionnaire was used to get the views. Both qualitative and quantitative process was used to analyze the data that was collected and compute the information using Statistical Package for Social Sciences (SPSS). The findings were presented to the panelists by use of power point presentation. The study recommends that companies should focus on maintaining health and safety of employees as this would minimize the cost of the business that is associated with work place injuries and also enhance productivity. The study also recommends the necessity of equitable treatment of employees. By applying principles of equity, this will enable the mining company create workforces that are accessible to all irrespective of physical ability, cognitive difference or social economic background. It also endorses that a similar study to be conducted on the influence of CSR initiatives on project performance on other industries.

The Impact of Responsible Financial Business on the Profitability Performance of Public Listed Companies in Asia

The Impact of Responsible Financial Business on the Profitability Performance of Public Listed Companies in Asia

The Succession Planning of Family-Own Merchandising Business in Davao De Oro: A Multiple Case Study

This qualitative multiple case study aimed to explore strategies that managers/owners of family-owned businesses used to prepare future generations to assume managerial roles in the business. They were chosen through maximum variation sampling. The experiences and coping strategies of the five cases were examined using in-depth interviews. Triangulations of the gathered data was done in each case by interviewing their family members and friends and examination of historical documents. It was analyzed using thematic analysis resulting to five emergent themes on merchandizing business as regards succession planning: business continuity, hands-on training, formal education and coaching, motivational leadership, and job description formulation. The emergent themes for coping mechanism included the following: learning by doing, transparent selection process, and crisis management strategy. The five cases were not generally similar as there were only two cases who have similar declaration on their experiences on merchandizing business as regards to succession planning. As regards their coping strategies, one of the five cases adopted some approaches different from the rest of the cases.

Survival Probability of Tourist Accommodation Establishments in Romania in Relation to the Action of Some Relevant Factors

The units with tourist functions in Romania have a variable duration of activity resulting from the actions of different factors, but which can be analysed mathematically through survival analysis models. The number of establishments offering accommodation for tourism purposes in Romania exceeds 22,000, and the data indicated by the Ministry of Economy, Entrepreneurship and Tourism on the companies that manage them are the inputs of the study. These allowed for the creation of a statistical database showing the total operating time from establishment to the present or to the cessation of activity. Grouping was carried out according to the type of establishment, the location of the companies in rural or urban areas, their belonging to a geographical region of Romania and classification according to the comfort category. The drawing up of evolution curves describing the probability of survival of the establishments, distinctly for the groups mentioned, and the statistical analysis to establish the significance of the differences between the groups provide information that allows for determining and understanding how certain factors influence the chances of survival of the tourist establishment. The type of accommodation unit, the region of development in which the unit is located and the category of comfort are the factors that have a statistically significant influence on the probability of survival of these units. The location of tourism units in rural or urban areas is not a relevant factor. Knowledge of the actions of these factors allows for optimising the measures taken at the start of an activity in the tourism industry. These can result in improving the survivability of tourism. Sustainable tourism involves developing and supporting different forms of tourism by implementing activity management at both the accommodation unit level and at the locality, regional or whole tourist area level. The survival and continuity of the tourism business on the market and, at the same time, respect for the natural, social and economic integrity of the environment can ensure the rational exploitation of natural and cultural resources for future generations.

Peningkatan Kualitas Laporan Keuangan UMKM Toko Sembako Dan Laundry Care

In order to maintain business continuity and growth, Micro, Small and Medium Enterprises (MSMEs) need assistance in preparing financial reports. The importance of assistance in preparing financial reports for Micro, Small and Medium Enterprises (MSMEs), especially for Toko Laras Barokah and Laundry Care is included in this activity. Accurate and timely financial reports are very important for MSMEs to run and develop their companies. This research uses a qualitative methodology by providing direct support to the two MSMEs in preparing their financial reports. The aim of this coaching activity is to perfect the accounting procedures of MSME owners and increase their awareness of the importance of financial reports. The findings of this research show how good mentoring can improve the quality of MSME financial reports, which will facilitate better business decision making and increase access to funding and other resources.

From gavels to algorithms: The Vidhii Partners GenAI evolution

Learning outcomes This case study exposes students to the process of decision-making given the market uncertainty, evolving shareholder expectations and other variables that executives and managers must consider ensuring business continuity and growth and helps students develop an appreciation of the impact emerging technologies are having on organizational digital transformation. This case study evaluates the strategic considerations for whitespace digital solutions into existing organizational operations, balancing innovation with core operating principles; exposes the students to the drivers of fostering a culture of innovation and employee buy-in during strategic digital transformation initiatives; and evaluates and appreciates the role of key stakeholders, such as customers, employees and executive management, in shaping a successful digital transformation strategy and promoting sustained business growth. Case overview/synopsis Vidhii Partners, a leading Indian law firm, grapples with the burgeoning demand for legal services in a rapidly evolving market. Traditional methods may struggle to keep pace, prompting Vikram Wadehra, a partner, to champion the adoption of Generative artificial intelligence (GenAI) technology. Vidhii Partners embarks on the development of two GenAI tools: VidAI, an AI-powered chatbot designed to democratize access to legal information, and VidAI Pro, a business-to-business offering aimed at streamlining legal research and drafting. Wadehra envisions these tools not only enhancing efficiency but also fostering a culture of legal awareness and generating new business opportunities. However, crucial decisions remain. Can Vidhii Partners bridge the potential gap between innovation and the firm’s established practices? How can they effectively integrate GenAI into their operations while ensuring user trust and employee buy-in? This case study presents a rich opportunity to explore the challenges and opportunities associated with digital transformation in the legal sector. Students will grapple with themes such as navigating market uncertainty, fostering a culture of innovation within a traditional organization and developing effective strategies for stakeholder management during change initiatives. Through the lens of Vidhii Partners’ GenAI journey, students gain valuable insights into the complexities of embracing disruptive technologies within a dynamic business landscape. Complexity academic level This case study is designed for masters level (MBA). Supplementary materials Teaching notes are available for educators only. Subject code CSS 11: Strategy.

THE EFFECT OF SERVICE QUALITY ON THE SATISFACTION OF MEDIA PARTNERS AT PT. MAIN SOLO AUDIO RADIO (SOLOPOS RADIO)

Currently, many companies are opening services. This makes the level of competition of companies very tight. Therefore, these problems need to be considered by companies so that their business continuity is maintained. This study aims to analyze the quality of service on the satisfaction of media partners at Radio Solopos. In this study, a quantitative descriptive method is used. The respondents in this study are media partners of Radio Solopos. Of the 45 questionnaires distributed, the researcher took 30 respondents. Data collection was carried out by distributing questionnaires to respondents. The researcher calculated the questionnaire result using Social Science Statistics Package (SPSS) version 29 program. The result of this study is that service quality has a significant effect on media partner satisfaction. Because t counts are greater than t tables (7,254 > 2,048). So that if the quality of the service provided is high, then the higher the satisfaction that will be obtained by media colleagues. Radio Solopos needs to improve the quality of services provided and also evaluate the job desks of each division.

ANALYSIS OF BIRD'S NEST BUSINESS TOWARDS INCREASING COMMUNITY INCOME IN PELIMBANGAN VILLAGE, CENGAL DISTRICT, OGAN KOMERING ILIR REGENCY, SOUTH SUMATERA PROVINCE

Indonesia is one of the countries that has abundant biological natural resources, South Sumatra is a province with a population that is very interested in the swallow's nest business, especially OganKomeringIlir Regency is one of the areas with a large population of swiftlets so many entrepreneurs build nest buildings swallow in the region. The purpose of this study was to find out how the economic level and the economic impact of the community's swallow's nest business in Pelimbangan Village. This research method uses qualitative research methods. In this study, the first data collection technique was used by questionnaire research and the second used the interview method. Based on the results of the research, the researchers concluded that the economic level of the people in Pelimbangan Village, the existence of swallow's nest business, increased the community's income, receipts in one month Rp. 6,444,142 as well as the economic impact of the community on the swallow's nest business in the village of Pelimbangan.

Business continuity management: trends, structures and future issues

PurposeThis study assesses the current landscape of business continuity management (BCM) research while exploring research trends, structures and delineating potential future directions.Design/methodology/approachA comprehensive bibliometric analysis was conducted on 360 articles from the Scopus and Web of Science databases using Biblioshiny software. A meta-synthesis was employed to aggregate and synthesize findings from the bibliometric results.FindingsThe results demonstrate a notable increase in publication numbers since the onset of the pandemic, reaching a peak in 2022 with a total of 342 articles. A collaborative bond among scholars transcends geographical boundaries and national affiliations. The analytical results propose avenues for future research, addressing crucial areas such as the integration of business continuity management systems (BCMS), the development of BCM frameworks and a comparative analysis of business impact analysis (BIA) frameworks through pertinent theories.Research limitations/implicationsThe study contributes theoretical and practical implications, serving as a valuable resource for academics and practitioners seeking to deepen their understanding of BCM’s role in business recovery and preserving organizational continuity in the face of disruptions.Originality/valueThis study pioneers a comprehensive approach by integrating bibliometric analysis and qualitative meta-synthesis, providing a consolidated overview of BCM research. Additionally, it presents future research proposals in this area.

Effect of Knowledge Succession on Business Continuity of Community-Based Organizations in Kitui County, Kenya

Effect of Knowledge Succession on Business Continuity of Community-Based Organizations in Kitui County, Kenya

Navigating Sustainability and Inclusivity: Women-Led Community-Based Businesses in Post-Disaster Recovery

Community-based businesses have emerged as a means of addressing socio-economic challenges in the aftermath of disasters. This study investigates the contribution of women-led community-based businesses to recovery and their long-term sustainability. It draws upon case studies in the Tohoku region of Japan and Banda Aceh, Indonesia, areas impacted by major earthquakes and tsunamis over a decade ago. Qualitative data were collected through semi-structured interviews. The findings reveal that the community-based businesses surveyed had evolved from mere “reconstruction goods” by maintaining sustained commitment and developing products. Enhancing organizational credibility through quality improvement efforts was crucial for securing long-term contracts with private companies, a key factor for business continuity. However, prioritizing sustainability often came at the cost of diminished community inclusivity, as differences in skill levels and misaligned values among participants led to departures. This study highlights the challenges in balancing business longevity with maintaining businesses’ role as spaces for social interaction and community rebuilding.

Biometric Technology at the Borders of Citizenship: Identifying Technical Standards for Introducer-Based Remote Onboarding in Global Contexts of Statelessness, Nomadism, Displacement, and Refuge

Abstract All throughout the so-called “Global South”, hundreds of millions of individuals from entire communities in the rural, poorer, or most peripheral areas are not officially recorded by the States they are citizens of or they habitually reside in. This is why several of such States are resorting to extensive and purportedly “universal” digital remote onboarding programs, pioneered by India’s Aadhaar, whereby individuals are centrally recorded onto a public database with their identity (and possibly citizenship) confirmed. Whenever paper documents are obsolete, inaccurate, deteriorated, or inexistent, individuals may have their identity confirmed through an “introducer”, who mediates between marginalised communities and central authorities and is entrusted by both with this delicate task. Introducers, however, cannot by themselves grant someone the status as “citizen”: they may at best confirm his or her existence and identity. These onboarding programs are enabled by wide-covering sets of technical standards, ranging from data protection and cybersecurity to interoperability, safety, disaster recovery, and business continuity. Meanwhile, similar technologies, relying on analogous standards, and fundamentally aimed at a similar purpose (that is, registering all those who fall within the prescriptive jurisdiction of a State), are deployed by border officials in the context of migration management – especially in “developed” countries. The “unofficial” and “outside-the-scope-of-the-law” components of said migratory patterns are growing exponentially due to combined effects of climate, insecurity, and geopolitical factors, increasingly originating “borderline” situations whereby identity and citizenship are challenged and contested: statelessness, refuge, nomadism (both traditional and “digital”), and internal displacement. Strikingly enough, discussions around what technical standards to adopt, and who should select them, as well as on what the role of “introducers” could be, towards the digital onboarding of individuals experiencing “borderline” configurations of citizenship are entirely neglected in socio-legal and security scholarship alike. Complemented with concrete policy proposals, the present work accepts the ambition to start bridging this gap.

Pandemic Response: Best Practices in IT Leadership

The rapid spread of the COVID-19 virus resulted in shelter-in-place orders disrupting business operations and supply chains. IT leadership was faced with the rapid implementation of crisis management and business continuity plans as well as on-the-fly adaptations required to stay operational. Four CIOs from various businesses discussed the challenges of dealing with a rapidly spreading pandemic, strategies to mitigate the loss of business continuity, and lessons learned in the transition to hybrid or fully remote work environments. This paper recounts and analyzes the best practices gained from these interviews. Data was collected through online interviews with CIOs from for-profit and non-profit businesses. The transcripts of the recorded interviews were then analyzed for similar strategic approaches, aspects of success, and areas that needed improvement. The results revealed best practices in dealing with the loss of a centralized work environment, strategies to leverage technology

Transformational Leadership and Business Continuity: A systematic review of empirical studies

Transformational Leadership and Business Continuity: A systematic review of empirical studies

Effectiveness of Risk Management Strategies in Mitigating Supply Chain Disruptions in South Africa

Purpose: The aim of the study was to examine the effectiveness of risk management strategies in mitigating supply chain disruptions in South Africa Methodology: This study adopted a desk methodology. A desk study research design is commonly known as secondary data collection. This is basically collecting data from existing resources preferably because of its low cost advantage as compared to a field research. Our current study looked into already published studies and reports as the data was easily accessed through online journals and libraries. Findings: The effectiveness of risk management strategies in mitigating supply chain disruptions in South Africa has proven to be critical in maintaining operational stability and ensuring business continuity. In an environment characterized by frequent economic, political, and environmental challenges, robust risk management strategies have become indispensable for South African businesses. These strategies, including risk assessment, diversification of suppliers, implementation of advanced technologies, and development of contingency plans, have significantly enhanced the resilience of supply chains. By systematically identifying and evaluating potential risks, businesses have been able to proactively address vulnerabilities and reduce the impact of disruptions. The use of advanced technologies, such as predictive analytics, real-time monitoring systems, and blockchain, has further strengthened risk management efforts. These technologies provide valuable insights into supply chain dynamics, enable early detection of potential disruptions, and facilitate rapid response measures. As a result, businesses can maintain smoother operations and minimize downtime during unforeseen events. Unique Contribution to Theory, Practice and Policy: Resilience Theory, Resource-Based View (RBV) & Contingency Theory may be used to anchor future studies on effectiveness of risk management strategies in mitigating supply chain disruptions in South Africa. Encourage the adoption of advanced technologies such as Internet of Things (IoT), artificial intelligence (AI), and blockchain for real-time monitoring and supply chain visibility. Practical implementation of these technologies can enhance early detection of disruptions and facilitate rapid response strategies. Foster closer collaboration with suppliers to co-develop robust contingency plans and risk-sharing mechanisms. Practices such as dual sourcing, supplier diversification, and joint risk assessments can build resilience across the supply chain network. Advocate for policies that incentivize resilience-building practices within supply chains. This could include tax incentives for investments in resilient infrastructure, as well as mandatory reporting on supply chain risk management practices to enhance transparency and accountability.

To Continue or Quit Business? Mediating Roles of Resilience and Quality of Life in Forming a Sustainable Entrepreneurial Intention

The dynamics and volatility of market conditions require entrepreneurs to exercise their utmost perseverance and fortitude to progress forward. Despite the emerging evidence that associates their motivation with business continuity, little is known about whether quality of life and resilience bear any mediating effects on this connection. Guided by the self-determination theory, this study examines the indirect effects of resilience and quality of life on sustainable entrepreneurial intention. Structural equation modeling via SmartPLS was utilized to examine the cross-sectional survey data involving 102 Malaysian small business entrepreneurs and test the hypotheses. The results suggested that goal attainment motivation has a direct positive effect on sustainable entrepreneurial intention. Additionally, goal attainment motivation via resilience indirectly predicts quality of life, and quality of life mediates the relationship between resilience and sustainable entrepreneurial intention. The main theoretical implication of the findings suggests that the relationship between goal attainment motivation, resilience, quality of life, and sustainable entrepreneurial intention is more nuanced and mediated than previously assumed. Practically, stakeholders and policymakers should develop multifaceted support systems that address psychological resilience and quality of life factors alongside goal-oriented strategies to cultivate a conducive environment for sustainable entrepreneurship.

Efficient and robust disaster recovery system using cloud-based algorithms with data integrity

Incorporating cloud-based algorithms for disaster recovery (DR), it explores data replication, failover, virtual machine (VM) migration, and consistency algorithms. These algorithms play a pivotal role in safeguarding data and system continuity during unforeseen disruptions. Data replication ensures redundancy, failover algorithms swiftly transition to backup resources, VM migration facilitates resource optimization, and consistency algorithms maintain data integrity. Leveraging cloud technology enhances the effectiveness of these algorithms, providing robust DR solutions critical for business continuity in today's digital landscape. The recent growth in popularity of internet services on a massive scale has also raised the demand for stable underpinnings. Despite the fact that DR for big data is frequently overlooked in security research, the majority of existing approaches use a narrow, endpoint-centric approach. The significance of DR strategies has grown as cloud storage has become the norm for more data. But traditional cloud-centric DR techniques may be expensive, thus less expensive alternatives are being sought. There is persistent concern in the information technology (IT) community about whether or not cloud service providers (CPs) can guarantee data and service continuity in the event of a disaster.

Reengineering in emerging businesses: a consequence of the COVID-19

This research explores the repercussions of COVID-19 on global trade and markets during the first half of 2020. The study examines the economic impact of the pandemic on companies, emphasizing the need to rethink the business or redesign it to ensure its response to the challenges that the quarantine represented, as proposed by reengineering in the second half of the 90s of the 20th century. The main objective of this article is to establish a connection between the principles of reengineering and the resilience of startups during the pandemic, reactivating the use of a tool that was used more than 20 years ago. Therefore, the study explores, from a qualitative methodology —with emphasis on documentary research— the relationship between the appearance of the pandemic and the use of some elements of reengineering that can be observed in emerging companies, finding several connections between them. The results highlight how, through reinvention and resurgence, emerging businesses met the challenges of the new normal by maintaining their operations and providing business continuity.

Inclusive Business Model in the Sheep Value Chain: A Strategy to Enhance the Sustainability of Livestock Businesses, Indonesia

Aims: Analyzing and comparing the inclusiveness of farmers in every value chain through both cooperatives and non-cooperatives, and designing an inclusive business model in the sheep value chain to support business sustainability. Study Design: The design of this research is quantitative descriptive, using primary and secondary data. The data collection method involves the use of questionnaires through Focus Group Discussions (FGD) and in-depth interviews with respondents. Place and Duration of Study: The research was conducted from November 2023-January 2024 in Sei Bingai District, Langkat Regency. Methodology: Data analysis uses a methodology link with four analysis tools, namely value chain maps, business canvas models, and principles of new business models. Results: The inclusive business model in the sheep value chain in Langkat Regency involves cooperatives and non-cooperative operations. Cooperatives facilitate farmers to jointly purchase sheep, obtain capital loans, and export. Whereas non-cooperative farmers can also operate independently through the contract farming model. The application of technology and green economy principles is also considered important to achieve sustainability. The establishment of village-owned enterprises (BUMDes) can also be used to empower farmers and increase village income. This entire model requires cooperation between farmers, the government, and other parties in the supply chain. Conclusion: The involvement of farmers in the sheep Value Chain in Langkat Regency is crucial to support business continuity. The inclusive business model in the sheep value chain through cooperatives and non-cooperatives requires cooperation between farmers, the government, and other parties in the supply chain to achieve the sustainability of the farmers' business.

ОРГАНІЗАЦІЙНО-МЕТОДИЧНЕ ЗАБЕЗПЕЧЕННЯ АУДИТУ БЕЗПЕРЕРВНОСТІ ДІЯЛЬНОСТІ ПІДПРИЄМСТВ

The article is concerned with disclosing the theoretical, organisational foundations and methods of continuity audit based on analytical procedures. The purpose of the study is to substantiate the theoretical, organisational and methodological foundations of the going concern audit of enterprises under conditions of uncertainty. Object of research - organisational and methodological support for the audit of business continuity of enterprises. Methods used in the study: scientific cognition, method of generalisation, comparison, logical and substantive, methods of induction and deduction, analysis. The main hypothesis is the development of organisational and methodological foundations of the going concern audit based on the expansion of analytical procedures to meet the information needs of stakeholders about the status and potential of the financial viability of the enterprise's going concern under conditions of uncertainty. Summary of the main material. Under martial law, the importance of the continuity audit as a tool for protecting the interests of users of financial statements and ensuring that stakeholders are aware of the state of financial solvency and prospects for sustainable development of enterprises increases. Organisational and methodological support of the continuity audit is determined by the objectives of the audit and the needs of stakeholders to obtain reliable information on the assessment of financial viability to ensure continuing operations in the future. The proposed methodology for auditing the going concern of enterprises based on analytical procedures provides a holistic view of the organisation of the audit by the following stages: 1) analysis of liquidity and solvency of enterprises; 2) analysis of profitability potential; 3) analysis of financial stability; 4) analysis of risks of activity; 4) analysis of the potential of continuous activity of the enterprise. Particular attention in the process of a going concern audit is paid to the classification and analysis of business risks. Analytical procedures for assessing business risks, determining reserves to cover losses of economic benefits in relation to the risks of non-payment of receivables and reduction in the value of financial instruments have been substantiated. The methodology for auditing the going concern of enterprises based on the expansion of analytical procedures, the implementation of which provides an opportunity to generate high-quality information to assess the potential of the enterprise's going concern, taking into account the risk and prepare a reasonable audit opinion, is original and of practical importance. Conclusions. The implementation of scientific and methodological recommendations on the organisation and methodology of the continuity audit based on the expansion of analytical procedures will help to obtain sufficient evidence for a realistic assessment of the potential of financial solvency of enterprises, preparation of the audit opinion on compliance with the principle of continuity and improve the quality of the audit.