Business enterprises would traditionally formulate strategic plans annually aiming at improving financial performance and as well as brand equity. Spending a lot of time and resources when planning for normal times overshadowed the necessity to anticipate and prepare the firm for the worst times. With the advent of the Covid-19 global pandemic, the need for business continuity planning (also referred to as enterprise risk planning) is now a sought-after management function to survive.

With the country in varying levels of quarantine or lockdown for over 5 months now, majority of establishments suddenly close. A few are open with restricted operating capacities (30% to 50%). With serious implications to the state of the economy, entrepreneurs and executives were caught flatfooted and unprepared as the Philippine economy plunges into a recession. With standards of the new normal are laid out by health and government authorities, firms need to formulate at once their BCP.