Business Resiliency for the Global Marketplace
A white paper from iJET Intelligent Risk Systems: “Business Resiliency for the Global Marketplace: Transforming Operating Risk into Competitive Advantage” examines the shifting landscape of disaster recovery, risk management, business continuity and business resiliency planning within multinational corporations. This white paper explores global opportunities and threats and examines how successful organizations are building resilient business practices.
BUSINESS RESILIENCE: “The ability to rapidly adapt and respond to risks and opportunities in order to maintain continuity of business operations, remain a trusted partner and enable growth.”
http://www.ijet.com/news/whitepapers/index.asp
“Launching headfirst into danger is counterintuitive. Businesses have spent hundreds of billions of dollars on insurance, disaster recovery and business continuity efforts. These organizations were dedicated to minimizing exposure of their people and operations to elevated risk. Until now. Today’s international business community is experiencing an awakening. Mainstream multinationals are becoming aware of a reality that defense contractors, broadcast media and energy companies have embraced for years: The global marketplace offers tremendous opportunity for organizations that can overcome the obstacles of conducting business in higher risk environments.
“What’s changed? In a nutshell, the world is growing up. International workflow has become commonplace. Communications, transportation and technologies seamlessly cross borders, time zones and cultures to deliver products and services. With operations and business partners in more countries than ever before, companies have been exposed to both the benefits and the risks of operating in dangerous places. Even companies operating in “safe” locations have had to manage through such tragic disruptions as the attacks of September 11th, the London bombings, Hurricane Katrina and the SARS outbreaks.
“Building on confidence born from successfully managing through a broad set of threats to operations, companies are shifting their approach to the global market. By harnessing disaster response and business continuity best practices, many organizations are actively pursuing new opportunities in places they previously avoided. In so doing, companies are also discovering that lessons and tools applied in high-risk markets can assist them in achieving greater resilience at home.”
Tags: Business Resilience
