A Risk Management Approach to Business Continuity: Aligning Business Continuity with Corporate Governance

Author - David Kaye ... [Goo?] [Posters]
Author - Julia Graham ... [Goo?] [Posters]
Philip Jan Rothstein ... [Goo?] [Posters]

This Paperback Book item from Rothstein Associates Inc. was reviewed on 12-Dec-2008.

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1) Paperback Book A Risk Management Approach to Business Continuity: Aligning Business Continuity with Corporate Governance by Rothstein Associates Inc.. 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.¤

2) Paperback Book A Risk Management Approach to Business Continuity: Aligning Business Continuity with Corporate Governance by Rothstein Associates Inc.. 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

¤

3) Paperback Book A Risk Management Approach to Business Continuity: Aligning Business Continuity with Corporate Governance by Rothstein Associates Inc.. Must read for senior managers, risk managers and continuity managers. - George J. Mitchell, Chairman, DLA Piper Rudnick Gray Cary; Former Senate Majority Leader and U.S. Senator for Maine. “The topic of Business Continuity Management is growing dramatically in importance to corporate executives, as the nature and seriousness of the threats to the business sector continue to be revealed. This book is both a clear and insightful presentation of the concepts of Business Continuity Management that should become a part of every executiveÂ’s bookshelf.” - John Copenhaver, Chairman, The Disaster Recovery Institute International CONTENTS Preface, by Senator George Mitchell Preface, by Steve Mellish, FBCI, The Business Continuity Institute Introduction 1. A Risk-Based Approach To Business Continuity 2. Stakeholders 3. Governance, Good Practice, Standards, Regulation and the Law 4. Culture, Strategy, Performance, Risk and Business Continuity 5. Getting Started: The Business Continuity Management Cycle 6. Introduction to the Business Impact Analysis 7. The Business Impact Analysis: A Hitch-Hikers Guide 8. Application and Uses of BIA Information 9. Technology, Exposures and Continuity 10. Dependency Management: Supplier Management, Outsourcing and Business Support 11. Opportunities and Other Applications for Business Continuity Tools and Principles 12. The People Factor 13. The Value of Insurance When Facing Potentially Catastrophic Risk 14. Communications 15. Emergency and Governmental Services 16. Rehearsals and Exercising of Plans and Risk Decision-Making 17. Maintenance, Benchmarking, Assurance and Audit 18. Developing a Plan - Putting Theory Into Practice APPENDIX A: British Standard PAS 56, Guide to Business Continuity Management, Annex B: BCM Evaluation Criteria Glossary ABOUT THE AUTHORS Instructor s Manual and Course Materials are Available for this book.¤

Page Updated: Robert N. Goolsby, 9-Jan-2009, 19313323639781931332361, 800-080-151-231-631-981-8

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