The best disaster survival manual may be obsolete if it doesn’t anticipate major disruptions to the supply chain or at outsourced operations. As a result, business continuity management programs are being designed to continually assess— as well as counter—risks stemming from the interdependencies integral to running a business.
BCM (business continuity management) gauges risks and protects operations. But recent debt crises, political upheaval and natural disasters signal the need for long-term resilience. The March 2012 10Minutes outlines how BCM can address:
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