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Tuesday, July 22, 2025

Business leaders confident of surviving COVID crisis

by

Renuka Singh
1937 days ago
20200401

Large lo­cal busi­ness will sur­vive the COVID-19 pan­dem­ic. That is the as­sur­ance giv­en by Ger­vais Warn­er, pres­i­dent and chief ex­ec­u­tive of­fi­cer of Massy Hold­ings.

Speak­ing on the is­sue of busi­ness con­ti­nu­ity on CNC3 last night, Warn­er said that all com­pa­nies would have plans to get them through this shut­down pe­ri­od.

“Most of our busi­ness­es would have Busi­ness Con­ti­nu­ity Plans (BCP’s) that they would have been putting in place for even­tu­al­i­ties, it could be an earth­quake, it could be a hur­ri­cane, it could be any form of busi­ness in­ter­rup­tion.

“There are cer­tain process­es that you out in place when some­thing like that would oc­cur,” he said.

Hav­ing said that, Warn­er added that the world­wide im­pact of the COVID-19 virus was not some­thing that com­pa­nies could have planned.

“Cer­tain­ly, no one at all con­tem­plat­ed a glob­al pan­dem­ic in so all our BCP plans are be­ing very well stress-test­ed at this mo­ment in time,” he said

“We have been able to have all our busi­ness up and run­ning ex­cept for the non-es­sen­tial ac­tiv­i­ties which are no longer per­mit­ted,” he said.

Warn­er said Massy Hold­ing em­ployed some 12,000 peo­ple and were ac­tive­ly try­ing to keep them all em­ployed through­out the cri­sis.

Chair­man of Pres­tige Hold­ings and Agos­ti­ni Group, Chris­t­ian Mout­tet agreed with Warn­er about the BCP’s.

“Larg­er busi­ness prob­a­bly have more for­mal con­ti­nu­ity plans that are prob­a­bly doc­u­ment­ed, small­er busi­ness­es maybe less so and it de­pends on the in­dus­try that you are in,” he said.

“I don’t know that any­one could have clear­ly pre­dict­ed what the cri­sis would be, but we’ve tak­en steps to pro­tect em­ploy­ees first and fore­most,” he said.

“In Pres­tige Hold­ings, across our restau­rants, very ear­ly we erect­ed plex­i­glass screens to pro­tect our em­ploy­ees and our cus­tomers,” he said.

“In the Agos­ti­ni Group, at Su­per­pharm, we have done that as well,” he said.

He said it was bet­ter to try to pre­pare than to try to pre­dict when or what type of cri­sis could be­fall your busi­ness.


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