The Chartered Institute of Management Accountants (CGMA) has developed new business continuity guidance to provide finance professionals with a foundation on which to develop their approach to BCM.
‘Business Continuity Management: Key Strategies and Processes’ presents a step-by-step framework for developing and maintaining business continuity processes and helps to establish and define the necessary roles within a company in order to do so. In addition, the tool’s aim is to define BCM as a key corporate competency and to identify the necessary components.
Gillian Lees, Director of Governance and Risk Research at CIMA, says: “Our new tool fulfils an important and necessary business need. It will support organizations developing a vital corporate competency which will help them to return to the status quo as quickly as possible. Companies should not wait until the worst-case scenario happens before starting to think about their business continuity management processes.”
Download the document (PDF).