Budgeting for the Impossible: Enterprise Resilience Means Business
During the past decade, enterprise resilience has become a hot topic.
“What happens when fire strikes the manufacturing plant of the sole supplier for the brake pressure valve used in every Toyota? When a hurricane shuts down production at a Unilever plant? When Dell and Apple chip manufacturers in Taiwan take weeks to recover from an earthquake? When the U.S. Pacific ports are shut down during the Christmas rush? When terrorists strike?” The Resilient Enterprise
During the past decade, enterprise resilience has become a hot topic. Its meaning has grown from the original “business continuity and disaster recovery” moniker associated with IT data crashes. Today, the enterprise is viewed as an organism facing myriad risks including physical and logical, manmade and natural, external and insider. The scope of planning may be as local as the home office or as far reaching as the global supply chain.