30 July 2008
BCM is an increasingly important element of an organisation's risk mitigation strategy. British Standards Institution (BSI) has published a white paper which explores how standards in this area help to build organisational resilience and how a consistent approach can enable effective benchmarking and opportunities for development. Greater awareness in recent years of the volatility of the risk environment, together with the regulatory impetus provided by corporate governance requirements, has placed effective risk management high on the corporate agenda. During this evolutionary process, BCM has developed out of the areas of information security and disaster management. Effective BCM can enable an organisation to reduce its exposure to disruptive events, implement mechanisms to limit the impact of an incident on business processes and operations, and provide reputational resilience in the most difficult of circumstances.
Download "Business Continuity Management and Risk – the role of standards" (PDF 393 KB)