The CFO Perspective: Business Continuity Management Is Becoming More of a Focus for the Office of the CFO
This IDC Perspective covers the topic of BCM, which has become more important to companies, given the increased frequency and cost of natural disasters and geopolitical and security (physical and IT) events. This document covers why BCM is important to the office of the CFO. It includes why we have not seen a department or title for business continuity manager, how to start a BCM plan, and what are the resources required."CFOs have started to 'run the business,' therefore BCM is an important area that must be integrated into the business, given the world events that can cause business disruption and significant cost impacts." — Heather Herbst, research director of Worldwide Office of the CFO at IDC
Please Note: Extended description available upon request.
Executive Snapshot
Situation Overview
Where Is BCM?
Why Are Job Titles for BCM Not Prevalent?
Skills and Capabilities Needed for Business Continuity Management