Risk Management and Business Continuity for a Poultry Farm in Villa El Salvador, Lima, Peru

Abstract

Risk management is vital in any organization, as the proper identification, assessment, and mitigation of potential impacts can ensure business continuity and sustainability. It is necessary to identify and control threats that arise in the company’s day-to-day operations in a timely manner; therefore, this study aims to establish the relationship between risk management and operational continuity at a poultry company in Villa El Salvador, Lima, Peru. A quantitative, correlational, and cross-sectional approach was employed. The dimensions of risk management were evaluated to determine the company’s ability to maintain stable operations in the face of adverse events. Duly validated and structured questionnaires were administered to a representative sample, and the data were analyzed using SPSS statistical software. The findings indicated significant positive correlations between operational continuity and each of the dimensions of risk management. More specifically, risk assessments proved to be the dimension most positively correlated (r = 0.888, p = 0.000), followed by risk identification (r = 0.878, p = 0.000). These findings justify the need to emphasize processes for managing risks in a more structured and standardized manner, such as those prescribed by the International Standards ISO 31000 and ISO 22301. It was concluded that special attention must be paid to how risks are managed, as this is critical to the company’s growth and sustainability.