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How to explain to the board why BCM is needed

A board thinks in money and strategy, not methodology. We break down how to justify business continuity so that you get support and a budget.

Updated: June 28, 2026 · Author: Evgeny Telenkov · ≈ 6 min read

Speak the language of money and risk

A board does not need terms for their own sake — it needs an answer to "what do we lose without this and what do we get in return". So BCM is presented through money: the cost of a downtime day for key processes, the size of potential damage and the cost of measures compared with it.

Strong arguments

  • The cost of downtime in money for critical processes (from the BIA).
  • Prevention is cheaper than recovery — usually several times over.
  • Risk appetite: which risks and within what boundaries the company is willing to accept — a board-level management decision.
  • Metrics: RTO/RPO as measurable resilience targets.
  • Link to strategy: resilience as a condition for growth and the trust of investors and partners.
  • Requirements of partners, tenders, the regulator (where applicable).
How to present it: one slide — three critical processes, the cost of their downtime, the main vulnerabilities and the proposed measures with a budget. The decision is made once risk is translated into money.

How a mature model works, where risk is an equal voice in governance, is shown in "risk management in a large bank".

FAQ

How do I justify a continuity budget to the board?

Translate risk into money: show the cost of a downtime day for key processes, the potential damage and the cost of measures compared with it. Decisions are made in the language of money, not methodology.

What is risk appetite and why is it a board-level question?

Risk appetite is the boundaries within which a company is willing to take risk to reach its goals. It is a strategic decision, so it is set at board and top-management level.

Where to start with business continuity

Thirteen questions and five minutes show your readiness level. From there, two paths: learn to do it in the programme, or build the system with us.

Evgeny Telenkov
Evgeny Telenkov
Director, business continuity practice · PhD in Economics · Academic Director & Chief Examiner
Risk Manager of the Year in Russia 2020 (RusRisk). Built business continuity from scratch at Nornickel, more than 20 plans; led risk functions at Beeline, Rosneft and EY. Chief risk officer of a 20 billion dollar petrochemical megaproject. Deputy chair of Rosstandart technical committee 010 "Risk management", co-author of six national standards. Author of the ERGP and SAFE programmes.