5000 word essay following research into Emergency planning and

5000 word following research into Emergency planning and Business Continuity Management and how they may be integrated with Security Risk Management - Essay Example Organisations have no choice but to manage the risk and ensure the stability of all stakeholders with the use and application of corporate governance and other standards. The integration among business continuity management, emergency planning and security risk management proves to be the only reliable way to attain and retain the corporate objectives. The global business environment doesn’t remain the same! Much has changed and much has become complex too. In this environmental complexity, a huge role is being played by globalisation. The developed world undoubtedly observes the saturation of markets. Consequently, the corporations need to search out new investment and business avenues to ensure their corporate existence in the corporate world. The markets of America; and most of European countries have less chances of facilitating the needs of large and big organisations in terms of goods and services; organisations have no other choice left except for taking on more risky investment destinations; such as Asia, Latin America and Africa. As a result, various security risks and challenges would be faced while doing business in these risky investment destinations. Additionally, as the security risk becomes wider and deeper practically and psychologically as well, different measures are pursued, and introduced; among these me asures; corporate social responsibility and corporate governance are more heard and are more demanded by security and regulatory authorities. As the issue of security is becoming a more and more challenging in each passing day, organisations need different and applicable ways to handle and minimise the risks that directly or indirectly threaten the existence of their businesses. Some standards, such as Business Continuity Management System (BCMS) are mostly used by the organisations. With the adoption and implementation of the BCMS, an organisation becomes in a