|
 The
US Treasury has published a new document which captures the lessons
learned during the development of the ChicagoFIRST regional business
continuity coalition.
Entitled ‘Improving Business Continuity in the Financial
Services Sector: A Model For Starting Regional Coalitions’
the document first tells the story of the start-up of ChicagoFIRST,
focusing on a core set of questions:
• Why and how did ChicagoFIRST take shape?
• Who joined? When? Why?
• What was the group’s agenda?
• How did they organise to achieve it?
• What results have been achieved?
• What were the most important resources and contributions
that drove the start up’s success?
• What were the reactions of participants to the experience?
The document then explores a set of ‘key success factors’
which emerged from the ChicagoFIRST example. These show that to
be successful, a regional coalition should:
• Have senior, dedicated and determined leadership at the
outset.
• Arrange for support and involvement of key federal agencies
to help jumpstart progress.
• Obtain “buy-in” and support of local authorities.
• Ensure that the private sector understands the public sector
and vice versa.
• Stay focused on a prioritised and practical agenda with
concrete, identifiable goals.
• Rely on a trusted third party for interim project management
support.
• Steadily increase participant involvement and commitment
over time.
• Appreciate the benefits of establishing an informal network
to support business continuity and disaster recovery across the
financial services sector.
Read
the document (PDF)
•Date:
4th January 2005 • Region: N.America •Type:
Article •Topic:
BC general
Rate this article or make a comment - click
here
|
