South Africa: New governance rules bring business continuity to the boardroom
The updated corporate governance requirements in South Africa’s King III report set out four key focus areas for IT governance: strategic alignment, value delivery, risk management and resource management.
Disaster recovery and business continuity are explicitly mentioned as risk management elements; if they’ve never been an item on your board agenda, your governance may be open to question.
“Today’s investors are very risk-averse,” says Ansophie Strydom, GM of marketing at Continuity SA. “There may be no legal obligation to comply with King III, but if you want to attract the right investors, you will be forced to have plans in place that can withstand scrutiny.”
See New governance rules bring business continuity to the boardroom, by Pam Sykes for Web Business (South Africa).
Tags: boardroom, Business Continuity, governance, King III, Risk Management, South Africa
