Strategic Directives for Industry Risk Mitigatation During COVID-19 Pandemic: A Case Review in Tiles Manufacturing Company in Sri Lanka

Abstract

With the World Health Organization (WHO) declaring the New Corona Virus (COVID- 19) to be pandemic, businesses worldwide were forced to shut down their offices, factories, showrooms & facilities. The rapid outbreak of COVID-19 presented an alarming health crisis to Sri Lanka, too. The government announced island-wide curfew w.e.f.20.03.2020 while locking down the entire country. As a responsible public liability tiles manufacturing company of Sri Lanka, we also commenced shutdown of our manufacturing and all sales unit for a temporary period to keep employees in their houses per government directives. However, businesses in Sri Lanka seriously affected due to the continuous locked down of the country. Some export-oriented manufacturing organisations have resumed their operations little by little as per the directive of the Presidential Secretariat of Sri Lanka. In addition to the human impact, there was also a significant commercial and operational impact. Organizations were focused their efforts internally to protect the sustainability of their companies.