Today’s businesses face the increasing challenge of managing complex operations across multiple entities as they integrate business partners, suppliers, and even competitors into an extended enterprise. The reliability and continuity of these operations are critical to business survival, and to building competitive advantage. One company’s business interruption brings a tremendous impact on the entire network of related entities. The need for an effective risk reduction and business continuity management (BCM) program has never been so evident.
Additionally, the even stricter, complex regulatory and compliance requirements are forcing organizations to implement business continuity management programs. Also, BCM has gained increasing importance as a means to build competitive advantage.