The following is an excerpt from a report by KPMG India, discussing changes in corporate policy following the recent terrorist attacks in Mumbai, India.
To hear the excerpt, presented by the editor of Doing Business In..., The Global Business Professor, please click on the image below.
Terror, terrorism, terrorist - the dictionary tells us that the words are rooted in fear and India, the emerging economic superpower, is waking up to certain hard realities. We were recently witness to how terrorism, equipped with the latest communications technology and firepower can disrupt our lives and businesses.
The recent terrorist attacks have forced corporate cultures to transform dramatically, from a business-as-usual approach to the one in which security issues have come to the forefront. Although the fight against terrorism might be seen primarily as the role of the government; with corporate assets and executives becoming vulnerable, organizations can no longer live in a belief that security is a state responsibility. They will have to assume accountability for the security of their premises and personnel.
But where do corporates begin their defense? The answer is found in how the terrorists attack. While the gravity of the attacks has variated, what is significant to note is that this new kind of terrorism is very different in form, motive, and scale from what we have experienced decades ago.
The read the report in its entirety, please follow the link to Doing Business In India: Corporate India and The Changing Face Of Terrorism.
