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The 4Cs to Enable Business Resilience

Attended by 70 participants, SLA and RSM Chio Lim LLP co-organised a webinar on 24 June 2020 to share how businesses are able to internally strengthen business resilience in order to tide them through the pandemic period and beyond through the 4Cs:

(1) Conserving Cash

(2) Reducing Costs

(3) Accessing Credit

(4) Building Confidence

Participants were briefed by RSM’s Partner-Advisory, Mr Terence Ang on a self-help toolkit that could help businesses assess their current cashflow position, gaps and serve as a base for actions required to ensure business resilience over the next 12 months. There was also a presentation on industry-specific case studies on how the toolkit can be applied to assist logistics and transportation businesses.

The session concluded with a panel discussion moderated by RSM’s Partner and Lead for the Logistics & Transportation / Industry, Mr Lee Mong Sheong on practical steps to take for businesses to thrive in a post COVID-19 world. The panelists include Mr Tan Puay Hin – Chief Executive and Mr Shamir Rahim – CEO of VersaFleet.

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