IDEAS home Printed from https://ideas.repec.org/a/gam/jmathe/v10y2022i21p4041-d958710.html
   My bibliography  Save this article

Analysis of the Level of Adoption of Business Continuity Practices by Brazilian Industries: An Exploratory Study Using Fuzzy TOPSIS

Author

Listed:
  • Vitor Amado de Oliveira Bobel

    (School of Mechanical Engineering, State University of Campinas, Campinas 13083-872, Brazil)

  • Tiago F. A. C. Sigahi

    (School of Mechanical Engineering, State University of Campinas, Campinas 13083-872, Brazil)

  • Izabela Simon Rampasso

    (Departamento de Ingeniería Industrial, Universidad Católica del Norte, Antofagasta 1270755, Chile)

  • Gustavo Hermínio Salati Marcondes de Moraes

    (School of Applied Sciences, State University of Campinas, Limeira 13484-350, Brazil
    School of Management Sciences, North-West University, Vanderbijlpark 1174, South Africa)

  • Lucas Veiga Ávila

    (Center for Social Sciences and Humanities, Federal University of Santa Maria, Santa Maria 97105-900, Brazil)

  • Walter Leal Filho

    (Faculty of Life Sciences, Hamburg University of Applied Sciences, 20099 Hamburg, Germany
    School of Science and the Environment, Manchester Metropolitan University, Manchester M15 6BH, UK)

  • Rosley Anholon

    (School of Mechanical Engineering, State University of Campinas, Campinas 13083-872, Brazil)

Abstract

The COVID-19 outbreak caused several negative effects in industries of all sizes and in all parts of the world, leading academic and practitioners to ask whether organizations could have been better prepared to face disruptive situations. This paper aims to analyze business continuity practices performed by Brazilian industries. A survey was conducted with academics who work in the field of organizational resilience and business continuity and are familiar with the reality of Brazilian companies in the industrial sector. The participants assessed 16 practices (P) proposed by the ISO 22301:2020, considering two categories: large industries (LI) and small and medium-sized industries (SMI). Data analysis was performed using Hierarchical Cluster Analysis, frequency analysis, Fuzzy TOPSIS and sensitivity analysis. For LIs, P4 (leaders conduct periodic critical analyses of practices) was considered the practice with the best application rate, while for SMIs, P2 (understand stakeholders’ needs and expectations, and use information in business continuity management) was chosen. In all scenarios tested for LIs and SMIs, P8 (well-structured systematic processes to analyze the impact of abnormal situations on their business and the potential risks of a disruption) and P16 (periodic audits of their business continuity management activities to identify opportunities for improvement, and information record) are in the bottom quartile. When compared to LIs in the Brazilian context, SMIs exhibit more profound deficiencies in terms of applying business continuity practices. The findings of this study can be of great value to assist managers in improving organizational resilience. Organizations should be better prepared to face future disruptive events, whether biological, social, technological, or economic.

Suggested Citation

  • Vitor Amado de Oliveira Bobel & Tiago F. A. C. Sigahi & Izabela Simon Rampasso & Gustavo Hermínio Salati Marcondes de Moraes & Lucas Veiga Ávila & Walter Leal Filho & Rosley Anholon, 2022. "Analysis of the Level of Adoption of Business Continuity Practices by Brazilian Industries: An Exploratory Study Using Fuzzy TOPSIS," Mathematics, MDPI, vol. 10(21), pages 1-17, October.
    • Handle: RePEc:gam:jmathe:v:10:y:2022:i:21:p:4041-:d:958710
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2227-7390/10/21/4041/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2227-7390/10/21/4041/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Pravakar Sahoo & Ashwani, 2020. "COVID-19 and Indian Economy: Impact on Growth, Manufacturing, Trade and MSME Sector," Global Business Review, International Management Institute, vol. 21(5), pages 1159-1183, October.
    2. Gebhardt, Maximilian & Spieske, Alexander & Kopyto, Matthias & Birkel, Hendrik, 2022. "Increasing global supply chains’ resilience after the COVID-19 pandemic: Empirical results from a Delphi study," Journal of Business Research, Elsevier, vol. 150(C), pages 59-72.
    3. Beninger, Stefanie & Francis, June N.P., 2022. "Resources for business resilience in a COVID-19 world: A community-centric approach," Business Horizons, Elsevier, vol. 65(2), pages 227-238.
    4. Aengus Collins & Marie-Valentine Florin & Ortwin Renn, 2020. "COVID-19 risk governance: drivers, responses and lessons to be learned," Journal of Risk Research, Taylor & Francis Journals, vol. 23(7-8), pages 1073-1082, August.
    5. Kuckertz, Andreas & Brändle, Leif & Gaudig, Anja & Hinderer, Sebastian & Morales Reyes, Carlos Arturo & Prochotta, Alicia & Steinbrink, Kathrin M. & Berger, Elisabeth S.C., 2020. "Startups in times of crisis – A rapid response to the COVID-19 pandemic," Journal of Business Venturing Insights, Elsevier, vol. 13(C).
    6. Vo, Thuy Anh & Mazur, Mieszko & Thai, An, 2022. "The impact of COVID-19 economic crisis on the speed of adjustment toward target leverage ratio: An international analysis," Finance Research Letters, Elsevier, vol. 45(C).
    7. Sube Singh & Ramesh Kumar & Rohit Panchal & Manoj Kumar Tiwari, 2021. "Impact of COVID-19 on logistics systems and disruptions in food supply chain," International Journal of Production Research, Taylor & Francis Journals, vol. 59(7), pages 1993-2008, April.
    8. Madurai Elavarasan, Rajvikram & Shafiullah, GM & Raju, Kannadasan & Mudgal, Vijay & Arif, M.T. & Jamal, Taskin & Subramanian, Senthilkumar & Sriraja Balaguru, V.S. & Reddy, K.S. & Subramaniam, Umashan, 2020. "COVID-19: Impact analysis and recommendations for power sector operation," Applied Energy, Elsevier, vol. 279(C).
    9. Sharma, Piyush & Leung, T.Y. & Kingshott, Russel P.J. & Davcik, Nebojsa S. & Cardinali, Silvio, 2020. "Managing uncertainty during a global pandemic: An international business perspective," Journal of Business Research, Elsevier, vol. 116(C), pages 188-192.
    10. Dmitry Ivanov & Alexandre Dolgui, 2020. "Viability of intertwined supply networks: extending the supply chain resilience angles towards survivability. A position paper motivated by COVID-19 outbreak," International Journal of Production Research, Taylor & Francis Journals, vol. 58(10), pages 2904-2915, May.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Isabela Caroline de Sousa & Tiago F. A. C. Sigahi & Izabela Simon Rampasso & Jefferson de Souza Pinto & Lucas Gabriel Zanon & Walter Leal Filho & Rosley Anholon, 2024. "Analysis of the quality of sustainability reports published by Brazilian companies: An analytic hierarchy process‐grey clustering approach," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 31(5), pages 4298-4314, September.
    2. Giulia Giacomello Pompilio & Tiago F. A. C. Sigahi & Izabela Simon Rampasso & Gustavo Hermínio Salati Marcondes de Moraes & Lucas Veiga Ávila & Walter Leal Filho & Rosley Anholon, 2023. "Innovation in Brazilian Industries: Analysis of Management Practices Using Fuzzy TOPSIS," Mathematics, MDPI, vol. 11(6), pages 1-19, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Margarida Rodrigues & Mário Franco & Nuno Sousa & Rui Silva, 2021. "Reviewing COVID-19 Literature on Business Management: What It Portends for Future Research?," Sustainability, MDPI, vol. 13(11), pages 1-21, May.
    2. Hossain, Mohammad Rokibul & Akhter, Fahmida & Sultana, Mir Misnad, 2022. "SMEs in Covid-19 Crisis and Combating Strategies: A Systematic Literature Review (SLR) and A Case from Emerging Economy," Operations Research Perspectives, Elsevier, vol. 9(C).
    3. Margarida Rodrigues & Mário Franco & Nuno Sousa & Rui Silva, 2021. "COVID 19 and the Business Management Crisis: An Empirical Study in SMEs," Sustainability, MDPI, vol. 13(11), pages 1-20, May.
    4. Gagan Deep Sharma & Sascha Kraus & Amogh Talan & Mrinalini Srivastava & Christina Theodoraki, 2024. "Navigating the storm: the SME way of tackling the pandemic crisis," Small Business Economics, Springer, vol. 63(1), pages 221-241, June.
    5. Ali Zackery & Joseph Amankwah-Amoah & Zahra Heidari Darani & Shiva Ghasemi, 2022. "COVID-19 Research in Business and Management: A Review and Future Research Agenda," Sustainability, MDPI, vol. 14(16), pages 1-32, August.
    6. Priom Mahmud & Sanjoy Kumar Paul & Abdullahil Azeem & Priyabrata Chowdhury, 2021. "Evaluating Supply Chain Collaboration Barriers in Small- and Medium-Sized Enterprises," Sustainability, MDPI, vol. 13(13), pages 1-28, July.
    7. Michal Hrivnák & Peter Moritz & Marcela Chreneková, 2021. "What Kept the Boat Afloat? Sustainability of Employment in Knowledge-Intensive Sectors Due to Government Measures during COVID-19 Pandemic," Sustainability, MDPI, vol. 13(15), pages 1-21, July.
    8. Rozhkov, Maxim & Ivanov, Dmitry & Blackhurst, Jennifer & Nair, Anand, 2022. "Adapting supply chain operations in anticipation of and during the COVID-19 pandemic," Omega, Elsevier, vol. 110(C).
    9. Margherita, Alessandro & Elia, Gianluca & Klein, Mark, 2021. "Managing the COVID-19 emergency: A coordination framework to enhance response practices and actions," Technological Forecasting and Social Change, Elsevier, vol. 166(C).
    10. Magdalena Majchrzak & Aneta Ejsmont, 2023. "Competitiveness of Small and Medium-Sized Enterprisesin the German-Polish Border Area in Timesof Extraordinary Threats," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 247-267.
    11. Ana Carla Magalhães Nascimento & Nathália de Kassia Galdino Oliveira & Verônica de Menezes Nascimento Nagata & Reimison Moreira Fernandes & Vitor William Batista Martins, 2023. "Validation of Challenges for the Development of the Marketing Plan for Startups Considering the Post-COVID-19 Reality: An Exploratory Analysis of the Brazilian Context Using Lawshe’s Method," FinTech, MDPI, vol. 2(3), pages 1-12, August.
    12. Luai Jraisat & Mohannad Jreissat & Arvind Upadhyay & Farhana Sajjad & Krishna Chandra Balodi, 2022. "Paradox of strategic partnerships for sustainable value chains: Perspectives of not‐for‐profit actors," Business Strategy and the Environment, Wiley Blackwell, vol. 31(7), pages 3491-3508, November.
    13. Burgos, Diana & Ivanov, Dmitry, 2021. "Food retail supply chain resilience and the COVID-19 pandemic: A digital twin-based impact analysis and improvement directions," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 152(C).
    14. Verma, Surabhi & Gustafsson, Anders, 2020. "Investigating the emerging COVID-19 research trends in the field of business and management: A bibliometric analysis approach," Journal of Business Research, Elsevier, vol. 118(C), pages 253-261.
    15. Heffron, Raphael J. & Körner, Marc-Fabian & Schöpf, Michael & Wagner, Jonathan & Weibelzahl, Martin, 2021. "The role of flexibility in the light of the COVID-19 pandemic and beyond: Contributing to a sustainable and resilient energy future in Europe," Renewable and Sustainable Energy Reviews, Elsevier, vol. 140(C).
    16. Beniamino Callegari & Christophe Feder, 2022. "Entrepreneurship and the systemic consequences of epidemics: A literature review and emerging model," International Entrepreneurship and Management Journal, Springer, vol. 18(4), pages 1653-1684, December.
    17. Mukhtar A. Kassem & Afiqah R. Radzi & Asankha Pradeep & Mohammed Algahtany & Rahimi A. Rahman, 2023. "Impacts and Response Strategies of the COVID-19 Pandemic on the Construction Industry Using Structural Equation Modeling," Sustainability, MDPI, vol. 15(3), pages 1-24, February.
    18. Agarwal, Vernika & Mathiyazhagan, K. & Malhotra, Snigdha & Pimpunchat, Busayamas, 2023. "Building resilience for sustainability of MSMEs post COVID-19 outbreak: An Indian handicraft industry outlook," Socio-Economic Planning Sciences, Elsevier, vol. 85(C).
    19. Nishant Saravanan & Jessica Olivares-Aguila & Alejandro Vital-Soto, 2022. "Bibliometric and Text Analytics Approaches to Review COVID-19 Impacts on Supply Chains," Sustainability, MDPI, vol. 14(23), pages 1-33, November.
    20. Tiberiu Foris & Alina Simona Tecău & Camelia-Cristina Dragomir & Diana Foris, 2022. "The Start-Up Manager in Times of Crisis: Challenges and Solutions for Increasing the Resilience of Companies and Sustainable Reconstruction," Sustainability, MDPI, vol. 14(15), pages 1-20, July.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jmathe:v:10:y:2022:i:21:p:4041-:d:958710. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.