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The Cost of Unpreparedness: Why Many Businesses Lack a Continuity Strategy

The Cost of Unpreparedness: Why Many Businesses Lack a Continuity Strategy

Entrepreneur21 hours ago
Continuity is no longer about recovery, it is about endurance, and the ability to seize opportunity amid uncertainty.
Opinions expressed by Entrepreneur contributors are their own.
You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.
In today's volatile business environment, organizations are being pulled in many directions; geopolitical uncertainty, cybersecurity threats, supply chain disruptions, and shifting consumer expectations. These challenges test the limits of operational resilience and demand a renewed focus on continuity, adaptability, and commercial foresight.
The pace of change is accelerating across every industry. Businesses are expected to remain agile, efficient, and competitive while navigating increasingly complex risks. From inflation and fluctuating commodity prices to technological disruption, the need for robust business continuity planning is critical.
Yet many organizations remain unprepared. Studies show that many global businesses operate without a formal continuity strategy. When a major disruption occurs, be it a cybersecurity breach, breakdown in the supply chain, or market volatility; businesses without proper preparation often go through significant operational delays, and declining customer loyalty.
More than ever, commercial resilience depends on integrating risk management into day-to-day operations. Business continuity can no longer be a siloed function; it must be part of the strategic fabric of the organization. This includes scenario planning, digitizing operations, diversifying supply sources, and maintaining agile governance structures that can respond to unforeseen developments.
Digital transformation, while enabling speed and efficiency, also introduces vulnerabilities, from ransomware attacks to overdependence on single platforms or providers. Organizations that fail to align innovation with risk oversight expose themselves to blind spots that can quickly escalate.
Disruptive innovation will continue to reshape industries. Businesses must not only keep pace with change but anticipate it. That means encouraging proactive thinking, resilient infrastructure, and cross-functional response capabilities.
In a world where change is constant, resilience becomes a competitive advantage. Continuity is no longer about recovery, it is about endurance, and the ability to seize opportunity amid uncertainty.
Ultimately, growth is not just measured by expansion, but by how well a business can absorb market shocks and emerge stronger. Setting new benchmarks in resilience is how organizations will not only survive, but lead, in the decades ahead.
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Middle Eastern Dividend Stocks To Consider In July 2025

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Leading With Purpose: AV Group Founder and CEO Ashish Vijay is Drawing on Generational Values to Grow His Businesses
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After all, it was his grandfather who, in a newly independent India in 1948, set up a gemstone trading business in the capital city of New Delhi. "I'm here to protect what came before me and explore what's possible next," Vijay says. "Leading a company that has a successful legacy of more than seven decades is a big responsibility, but also something I'm proud of. This company was built on strong values and a long history. My job is to respect that legacy while also taking things forward." So far, Vijay has stayed true to his promise. Under his leadership, AV Group –which eventually shifted its headquarters to the UAE over the years– has gone on to operate in a number of other industries including financial investment, social impact and real estate. But for the founder, it was an imbibed love for gemstones that marked his initiation into the world of business. "I didn't really choose this path—it was always around me," he says. "I grew up surrounded by colour and sparkle. 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It's been a privilege to help position Dubai as a hub for rare gems. Dubai has given us the perfect foundation to grow—great infrastructure, strong leadership, and global reach." Image courtesy BNC Publishing Indeed, the UAE's gems and jewelry market has been silently proving its mettle as an economy booster, with a report by US-based management consulting platform TechSci Research showing that the industry stood at US$8.34 billion in 2023 and is anticipated to grow with a compound annual growth rate (CAGR) of 6.84% between 2025 and 2029. Vijay and his team thus hope to create their own distinct mark in the market through the creation of jewelry items that are created with intent. "We don't follow trends just to stay current," Vijay declares. "Instead, we focus on timeless designs that connect with people. Our work combines global influences with rare materials. We also use technology to improve craftsmanship and offer a smooth experience—but always in a way that supports the heart of the piece, not distracts from it. But the same aforementioned report —which highlights that the UAE's strategic location as a global trade hub, its tax-free environment, tourism, and multicultural population have been key drivers in the industry's steady rise— also notes that a global lack of ethical practices has been detrimental to achieving sustainable growth. One such area of ethicality has been the treatment of small-scale miners, who face issues ranging from unfair working treatment to lack of market access. For Vijay, ensuring a more equitable ecosystem in this regard has been paramount. "At AV Group, we work closely with small-scale miners because they're a crucial part of the gemstone world," he shares. "Many of them don't have access to fair pricing or stable income. 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Image courtesy BNC Publishing It is perhaps this mindset that led Vijay into the field of financial investments as well. In 2016, he set up Seiko Financial Services in Dubai to support businesses ranging from grassroots ventures to global startups, with a special focus on empowering women-led enterprises. There is AV Investment Funds, a new initiative aimed at maximizing investor earnings while expanding opportunities in high-value assets. "AV Investment Funds allows people to invest with us in a range of areas—rare gemstones, real estate, and renewable energy," he explains. "But it's about more than financial returns! It's about building trust, long-term value, and creating opportunities that benefit everyone involved." Vijay and AV Group's move into the booming realm of real estate has also led to the launch of AV Real Properties (AVRP), a real estate innovation platform aimed to cater to the growing number of property buyers in the nation. "We will soon be launching new initiatives through AVRP which will focus on fractional ownership," Vijay reveals. "This model makes it possible for more people to invest in carefully selected, high-value properties. It's a step toward more inclusive, transparent ownership—something we deeply believe in." Image courtesy BNC Publishing But that isn't all Vijay has in the pipeline. "We're entering an exciting chapter," he declares. "Over the next 12 to 18 months, our focus is on expanding AV Group across key areas—real estate, investment, and impact. AV Investment Funds will continue to grow across sectors like clean energy, rare gemstone portfolios, and legacy real estate. But for us, it's not just about financial performance—it's about building long-term ecosystems built on trust and value. On the impact side, our Gems of Hope initiative remains close to our heart. 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