After the terror attack on November 26, 2008, business continuity management (BCM) seems to have become the buzzword in the Indian industry.
BCM is a key leadership responsibility and needs to be integrated into the strategic plans of a business. Earlier, global players aspiring to do business with India would enquire about BCM plans as part of their business assessment exercise, but they invariably did not verify the same.
Now, global players seek independent third party assessment of the organisation’s BCM plans.