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Uniting business continuity management and operational risk management

Marce Farr and Dan Bailey

Journal of Business Continuity & Emergency Planning, 2019, vol. 12, issue 4, 294-300

Abstract: Over the last decade or so, risk management has seen an increase in regulatory requirements, as well as audit scrutiny. A side effect of this is that many disparate but related management programmes are being tied into a common point of conversation: operational risk management. This paper explores how business continuity is being synthesised under the umbrella of operational risk management — from the common points between operational risk management and business continuity to the benefits of uniting these programmes. The paper also explores other disparate but related programmes, to consider how continuity practitioners could take a slightly different approach to the business continuity planning process. Lastly, the paper will outline how uniting these programmes would benefit continuity practitioners.

Keywords: enterprise risk management; operational risk management; enterprise change management; information security; vendor management; project management; privacy; certifications (search for similar items in EconPapers)
JEL-codes: M1 M10 M12 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:aza:jbcep0:y:2019:v:12:i:4:p:294-300

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