A Risk Management Approach to Business Continuity: Aligning Business Continuity with Corporate Governance |  | Authors: Julia Graham, David Kaye
Creator: Philip Jan Rothstein
Publisher: Rothstein Associates Inc.
Category: Book
List Price: $95.00
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Rating:  2 reviews
Sales Rank: 598426
Media: Paperback
Pages: 390
Number Of Items: 1
Shipping Weight (lbs): 2.8
Dimensions (in): 10.6 x 8.3 x 1
ISBN: 1931332363
Dewey Decimal Number: 658.155
EAN: 9781931332361
ASIN: 1931332363
Publication Date: April 1, 2006
Availability: Usually ships in 1-2 business days
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Product Description
First Practical Guide to Integrating Risk Management,
Business Continuity Management and Corporate Governance
From Two World-Renowned BCM Pioneers Who Have Served on the British Standards Institution (BSI) Team Creating a British and International Standard for Risk Management
The U.S. Department of Homeland Security (DHS) is currently developing disaster preparedness standards for businesses. DHS is incorporating language from the British Standards Institution (BSI) because it "provides a management systems approach to business continuity and integrates risk management disciplines and processes."
The two authors of this now classic text in the field have been directly involved in developing those BSI standards. Here they bring you a distillation of their worldwide experience in pioneering the integration of the disciplines of risk management and business continuity.
This practical guide is endorsed by:
* * * The Business Continuity Institute
* * * The Institute for Risk Management
* * * Disaster Recovery Institute International
It includes numerous helpful features:
* * * Chapter objectives, summaries and bibliographies; charts, sample forms, checklists throughout
* * * Plentiful case studies, in boxed text, drawn from enterprises around the globe, including the UK, US, Europe, Australia, Asia, etc.
* * * Boxed inserts summarizing key concepts
* * * Glossy of 150 risk management and business continuity terms
* * * Timely topics, including stakeholder management, supplier management, outsourcing, the people factor, technology recovery, and communication, both internally and externally.
* * * Wide range of challenges, including supply chain disruptions, media and brand attack, product contamination and product recall, bomb threats, chemical and biological threats, etc.
* * * Instructions for designing/executing team exercises with role playing to rehearse scenarios
* * * Guidance on how to develop a business continuity plan, including a Business Impact Analysis
* * * Ideal for senior undergraduate, MBA, certificate, corporate training programs; in use at 50+ campuses worldwide
* * * Instructor Materials on CD, including PowerPoint slides and syllabus for 12-week course with lecture outlines/notes, quizzes, reading assignments, discussion topics, projects
* * * Authors with extensive international experience in all aspects of risk management and business continuity, having worked with organizations in a combined total of 50 countries
The authors' message is that risk management has become a strategic tool in managing all risk across an organization, and that BCM forms one more important tool in a much wider and coordinated risk management program. They are now complementary disciplines that must be understood and supported by your organization as a whole, including CEO's, directors, non- executive directors, risk managers, continuity managers, internal and external auditors, investment managers, compliance managers, finance directors, human resource managers, project managers, regulators, corporate trainers and other stakeholders.
After discussing the relationship between risk management and BCM, the authors take the reader through the business continuity management cycle: how to understand the organization and its culture; continuity strategies; how to develop and implement a business continuity response, including developing a Business Impact Analysis; building and embedding a business continuity culture; testing/exercising a plan, along with benchmarking, maintenance and audit.
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| Customer Reviews:
A great book to understand the BCM in light of Risk Management March 9, 2008
Konstantin Smirnov (Moscow, Russia)
2 out of 2 found this review helpful
I have chosen this book from the list of Business Continuity Institute recommended literature. I cannot say it was a well-informed choice. However I did not regret it even a single bit. One thing that instantly attracted me was the link between Business Continuity and Risk Management in its heading.
The book was true to its heading.
Pros:
- The book is very well-structured
- The book is comprehensive (and beware... 400-pages long!)
- The book is full of real-world examples, case studies, and templates
- It is not only useful for those on BC side, but to th elesser mortals on IT service continuity side (like me)
- There is comprehensive glossary at the end
Cons:
- The language is at times somewhat difficult to read (bear in mind, I am non-native speaker)
- Few "broken links" and minor inconsistencies - i.e. chapter A references chapter B, while it should be C
- The book might have a bit more illustrations
- No headings (except chapters) numbering
Despite its minor "bugs", the book is worth every penny spent to buy and every minute spent reading it. My suggestion - while reading this book, have a pencil and stick-on bookmarks ready. You will be coming back to it!
I refer to this book in my day-to-day work, and find it becoming my good friend in guiding me through the maze of Business Continuity best practices. Many thanks to Julia Graham and David Kaye.
from the author May 30, 2006
David Kaye (United KIngdom)
2 out of 4 found this review helpful
The circumstances that lead Julia and I to write this book are interesting and help to explain what it is, and why it is quite different from other books. The Institute of Risk Management, who are the International Institute for vocational risk management education, asked me to be their lead examiner on business continuity. The first task was to set out to find a textbook that takes the organisation wide and holistic risk view on business resilience. I needed to find one that had the vision to see that business continuity as something that includes, but is now so very much more than, the fast replacement of technology and workstations.
I do believe that this is so important, not least because the science of business continuity must keep pace with change amongst our own `stakeholders', i.e. the organisations that employ us and also their own stakeholders. If we do not evolve and take our rightful place in the strategic thinking of the organisation, we will increasingly be sidelined from the crucial and the real resilience debates; and others will be asked to manage stakeholder expectations.
The modern day organisational structure has so many more single points of risk that potentially offer complete destruction than the business models of the 1990s. The supply and the delivery chains are outsourced, the intellectual assets are much more critical and diverse and are, even in themselves, outsourced. The workforce is managed by third parties, and the double-barrelled risks of brand and speed are the real dependencies at the heart of the modern-day organisational promise. It is no coincidence that the board, the risk manager, investor, regulator, auditor, as well as the business continuity manager, increasingly sees resilience an ever more important concern amongst their worry beads.
In spite of asking many friends and fellow professionals to search out a book for me that captures that wide-business resilience , and thus bring together as a team the various managers concerned with risk, we failed to find even one.
The upshot was that Julia and I set out to write one. This was not only to provide the Institute with their needed textbook but because we feel strongly that the business continuity industry does need to move on into the 21st century. We hope that the book will encourage that process and encourage co-operation between erstwhile silos of risk management that, in isolation can be so dangerous to today's organisations.
We have written the book therefore with a view, not only to aid students to develop their understanding, but also as a good read for everybody who has a responsibility to ensure that their function, public service or profit making, can continue to deliver on its promises.
David Kaye
FCII FRSA FBCI MIRM
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