How to Protect Your Business from Unpredictable Catastrophes?

Photo by David Edelstein on Unsplash

Japan was recently jolted by an earthquake with a preliminary magnitude of 5.2. Sometimes a series of small quakes occurs before the main shock. This is called foreshock. Foreshock is a minor earthquake that occurs before the main shock. The occurrence of foreshock usually indicates an increase in seismic activity, which may lead to a larger event. After a major earthquake, small tremors may occur in the same area or nearby. These small quakes are called aftershocks. Aftershocks usually occur in the first few hours, days and weeks following the main shock. They can continue for years, or even decades.

Earthquakes can cause extensive damage and loss of life within seconds. Large earthquakes can have devastating effects on a community and affect millions of people. Besides taking lives, earthquakes can damage buildings and other infrastructure. Earthquakes can also cause tsunamis, large waves that travel for long distances and have the potential to devastate entire coasts.

In order to prepare for unexpected events, like earthquakes, all aspects of information must be monitored. This includes social media, internet and mobile data. The ability to respond quickly during a disaster is essential. The best way to protect ourselves from earthquakes is by preparing.

The same way we operate a business, we need to gather and assess all the information we can in order to be ready for whatever may happen. Because we live in a world of ever-changing information, we need to be sensitive to how our business is being perceived. You should ensure that all aspects of your employee information are monitored using an effective HR system (HRIS/ HCM/ HRMS).

Multiable HCM system integrates various human resource processes and systems into one seamless program, making it easier for businesses to manage operations. Multiable HCM system optimizes business processes and provides a centralized platform from which to manage all cores, strategic HR functions. The system simplifies the process of managing employee records from hiring to retirement. The system can be used to manage payroll and benefits-related aspects of employee compensation.

Multiable HCM system is designed to support various aspects of the human resources process. Human resource departments use these systems to manage employee information and other data throughout an employee’s career at a company. It facilitates the tracking of employee performance, identifies training needs and provides feedback to improve skills. Multiable HCM systems help businesses maximize employee potential, which in turn increases their profitability.

About Multiable:

Multiable has implemented HR systems for more than 30 years and can provide clients with solutions tailored to fit their individual needs. Multiable serves more than 6,000 enterprises in Asia. Multiable HCM system has changed the way businesses in Asia manage human resources by streamlining processes and making collaboration between departments possible.

About EDG Grant:

The Enterprise Development Grant (EDG) was launched in 2018. EDG is a single grant that supports companies in the upgrading of business capabilities, innovation and internationalization. EDG replaces the Capability Development Grant (CDG) and the Global Company Partnership (GCP) in the same year.

M18 ERP and M18 HCM is under the scopes of EDG grant.

Our consultants have rich experience in helping customers to get EDG application awarded to deploy our renowned M18 ERP in Singapore. Multiable will provide relevant technical / system related documentations and guide you throughout the application process

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