How are operational risk and business continuity coming together as a common risk management spectrum?

Rajiv Vaid

Journal of Business Continuity & Emergency Planning, 2008, vol. 2, issue 4, 330-339

Abstract: As the practices of business continuity and operational risk management are so closely intertwined, this paper analyses the background and characteristics of both. It also evaluates the risk management framework and examines the interdependence of operational risk and business continuity practices. In addition, it considers how best to combine the practices in order to meet the demands of business continuity planning. There is no one answer, and the best model depends on each organisation’s unique requirements. This fact is key to any organisation’s risk management strategy. With the increased focus on both business continuity and operational risk, it is best for organisations to put in place an integrated framework that provides the foundation for managing risk.

Keywords: business continuity; operational risk (search for similar items in EconPapers)
JEL-codes: M1 M10 M12 (search for similar items in EconPapers)
Date: 2008
References: Add references at CitEc
Citations:

Downloads: (external link)
https://hstalks.com/article/3567/download/ (application/pdf)
https://hstalks.com/article/3567/ (text/html)
Requires a paid subscription for full access.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aza:jbcep0:y:2008:v:2:i:4:p:330-339

Access Statistics for this article

More articles in Journal of Business Continuity & Emergency Planning from Henry Stewart Publications
Bibliographic data for series maintained by Henry Stewart Talks ().