With the increasing threats of natural disasters, terrorism, pandemics and supply chain interruptions--and on the radar screen of the C-suite--business continuity and disaster recovery planning and maintenance have never been more important. RIMS recognizes that this topic is a critical element of risk programs and to the practitioners who manage them. At RIMS 2008 Annual Conference & Exhibition, three courses on business continuity and disaster planning and management were held. Since the topic is also relevant to Enterprise Risk Management strategies, RIMS ERM Center of Excellence has numerous papers, studies and articles that cover it in detail. But that's not all RIMS has done to provide you with the latest business continuity tactics.
RIMS has teamed with Michael Keating, director of business continuity management at Navigant Consulting, to offer a workshop on Business Continuity / Disaster PlanningÂ and Management. The two-day course provides participants with an outline of the necessary elements and principles of a successful business continuity plan for a quick recovery when an incident occurs. On the first day, attendees will review contingency management principles and discuss issues that arise when formulating crisis or contingency teams. On day two, the focus shifts to managing the media response to a crisis and steps for stabilizing and restoring the organization to normalcy.
Keating knows that an effective business continuity plan can make the difference between a business's success or failure in a crisis. Keating, whose specialty is in enterprise-wide business continuity plans, has assisted clients of all sizes and industries to plan to minimize the impact of business interruptions. And, he believes that risk managers are best-equipped to create and manage business continuity plans.
"Creating a business continuity / disaster plan is a great opportunity to raise the profile of the risk management department within the organization. Business continuity management requires a detailed understanding of the operational and financial performance of the organization-skills that risk practitioners possess," says Keating.
The interactive nature of this workshop has provided Keating with inspiration while teaching the course. "Risk professionals are a wealth of war stories of actual losses and near misses that instruct me and the workshop's participants." Past attendees have commented that the lessons they learned in the course could be applied immediately to their planning process.
The next Business Continuity / Disaster Planning and Management workshop will be held on October 21-22 in Chicago. The workshop provides credit towards the RIMS FellowÂ® (RF) designation. A complete list of upcoming RIMS professional development courses is available at www.RIMS.org/Education. For information on the RIMS FellowÂ® (RF) designation, or to enroll in the program, visit www.RIMS.org/AboutRF.