Convergence of Business Continuity & Risk Management
The demands placed upon Business Continuity (BC), Risk Management (RM), and Disaster Recovery (DR) pros increase every day. As a result, organizations need to reassess their approach to BCM. If they don’t, they’ll get left behind, affected by continued adherence to outdated methods. The convergence of these disciplines is ongoing. Emerging regulations, frameworks, and standards place greater emphasis on RM. As decision makers accept this evolution, BC increasingly becomes a subset of RM. How the process is implemented—the value it brings a risk-based model—determines whether or not the process is a sound.