Business continuity planning is an important but often overlooked aspect of managing enterprise risk. This year, the COVID-19 pandemic has made it clear to risk and security professionals—and their enterprises—that business continuity must be an organizational focal point, with supply chain continuity being an especially critical area to solidify.
Many enterprises today outsource a variety of business- and technology-related processes, making successful and reliable supply chains essential for their survival. Eight in 10 (79%) of companies with high-performing supply chains achieve revenue growth above average within their industries. But maintaining that reliability in a fast-moving era of digital disruption requires a concerted commitment to assessing threats and managing gaps in continuity plans.