A Risk Management Approach to Business Continuity

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. "This book is a must read for those senior managers, risk managers and continuity managers who have the vision to see both the new opportunities and the new responsibilities of business continuity management." - George J. Mitchell, Chairman, DLA Piper Rudnick Gray Cary; Former Senate Majority Leader and U.S. Senator for Maine.

JULIA GRAHAM, FCII, FBCI, MIRM, CHARTERED INSURER, worked in the insurance industry in the UK for 30 years and during the early 1990s established the first in-house risk management capability for the multi-national insurance company Royal Insurance. In 1996, following the Manchester IRA bombing, Julia led the recovery team for the Royal Insurance office in Manchester, one of the most severely affected locations in the City Centre and a working environment for more than 600 employees.

Julia went on to become the Group Risk Manager for Royal & SunAlliance with global responsibility for operational and strategic risk and business continuity management across the organization. In addition to the Manchester bomb recovery, which included aspects of post-trauma, asset recovery and insurance claims management, Julia has practical experience in recovery situations that include asset damage, SARS, employee death, kidnap for ransom, the 1993 World Trade Center bombing, and the 2005 terrorist transit bombings in London.

In 2004 Julia took a position with the global legal services organization DLA Piper Rudnick Gray Cary. Julia's role as Chief Risk Officer covers all aspects of risk management, including operational risk and business continuity management and had included work in 23 countries and more than 50 cities.

Julia has served as the chair of the team assisting the British Standards Institution (BSI) in creating a British and International Standard for risk management. She is a Fellow of the Chartered Insurance Institute, a Fellow of the Business Continuity Institute, a Member of the Institute of Risk Management and a Chartered Insurer.

DAVID KAYE, FRSA, FCII, FBCI, MIRM, CHARTERED INSURER.
Until his death in 2009, David Kaye spent much of his working life as a resident of the UK exercising bottom-line responsibility for large insurance and financial services businesses in Holland, Caribbean and the Far East, as well as the UK.

David was a Divisional Director within a multinational group of companies and carried the group responsibility worldwide for operational risk and continuity planning. In this role David evaluated and managed risk and also developed and exercised continuity plans. He was required on numerous occasions to implement those plans and lead the response following potentially business-destroying damage by IRA bombs and by numerous other natural and manmade disasters around the world.

David therefore brought to this book a mixture of wide international experience, a track record of achievements at Board level and as CEO, and also a deep experience of the international world of business risk and its consequences. He was a well known writer and lecturer and as a consultant in later years provided guidance on matters of risk and business continuity to a wide range of business and public service clients around the world. He lived in six different countries, worked in 26 countries and led workshops and/or addressed public and corporate audiences on business risk in 17.

Prior to his death, David served as a member of the team assisting the British Standards Institute in creating a British and International Standard for continuity risk management and assisted other industry bodies in a variety of ways. He was a Fellow of the Chartered Insurance Institute, A Fellow of the Royal Society of Arts, a Fellow of the Business Continuity Institute, a Member of the Institute of Risk Management and a Chartered Insurer.