Date Added: Jan 2011
We live in times of unprecedented, unpredictable and rapid change. This has never been true earlier for businesses than it is today. Globally, changes in government and statutory laws, high-impact changes in climate, natural disasters and threats from terrorism are key considerations for businesses in formulating strategies on par with traditional market drivers such as consumer behavior and competition. Investments in business transformation initiatives are targeted at keeping the enterprise agile and prepared for change, even in the face of the highly unpredictable. Businesses competing globally are taking several steps to ensure predictability in the availability and continuity of their products and services, key among them being Business Continuity Management (BCM).