NEW DELHI: Over 90 per cent of the Indian enterprise leaders opined that the Covid-19 pandemic has highlighted the necessity to enhance crisis management capabilities, says a survey by consultancy agency PwC India.
About 59 per cent of the Indian enterprise admitted having adversely impacted by the coronavirus pandemic, stated the PwC’s World Disaster Survey 2021- India Insights.
The survey additionally revealed that over 80 per cent of India’s enterprise leaders have already invested in expertise within the aftermath of the pandemic.
In India, it added, enterprise leaders had been considerably extra assured than international leaders about their skill to judge the teachings of the pandemic and put them into motion. “92 per cent of India organisations stated they had been ‘assured’ vs simply 75 per cent of world leaders,” the survey stated.
The responses of India’s enterprise leaders had been largely in step with the general outcomes of PwC’s World Disaster Survey 2021, displaying solely minor areas of great divergence in views and insights.
Concerning the survey, PwC stated greater than 2,800 enterprise leaders around the globe shared firm information and private insights into the impression of the Covid-19 pandemic and the way forward for enterprise resilience.
“With 99 respondents representing Indian organisations, our report affords an evaluation of how of how our enterprise group is responding and the way leaders are making use of the teachings of this period to arrange for the following disruption,” it stated.
As per the survey, the highest 5 priorities cited by enterprise leaders going ahead are, embody speed up transformations in organisational areas recognized in the course of the disaster (99 per cent); adapt technique to reply nimbly to main interruptions and implement adjustments (96 per cent); and implement after-action evaluation course of to evaluate response to future incidents and disaster (89 per cent).
The opposite two are: Actively work on growing resilience within the close to future (86 per cent) and make adjustments to company technique in response to the pandemic (51 per cent).
Puneet Garkhel, Accomplice and Chief, Forensics Providers, PwC India, stated that operations and provide chain, finance and liquidity, and workforce are the three areas wherein Indian companies skilled “important” or “important” impression owing to the pandemic.
“Indian companies which have survived and even thrived, by means of this era have a number of important foundational strengths in frequent with probably the most important being a devoted disaster response group with a fit-for-purpose response technique, aligned to their organisation’s objectives and goal,” stated Garkhel.
In keeping with the survey, one other key focus for enterprise leaders throughout all sectors was worker wellbeing – 90 per cent agreed (58 per cent strongly) that their response to the disaster took under consideration the bodily and emotional wants of their workers.

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