South Africa’s King V Code has recently been released and for Business Continuity Management (BCM) practitioners, there is a subtle but important governance shift we’ve been waiting for. Resilience is no longer a back-office concern. It’s a board-level mandate.
Under Principle 8 (Risk), King V explicitly holds the governing body accountable for ensuring “business continuity arrangements that allow for organisational resilience, including the ability to operate under conditions of volatility, and to withstand and recover from acute shocks” (Recommended Practice 93d).
This isn’t just stronger language -- it’s a fundamental repositioning. BCM moves from a compliance checkbox to a strategic capability that boards must actively oversee and resource.
Principle 10 (Data, Information and Technology) reinforces this by requiring “arrangements for organisational resilience and disaster recovery planning and testing” (Practice 108b). King V recognises what practitioners have long known: technology failures can cascade into existential threats.
Embedding resilience within both risk and technology governance closes a critical gap -- one that became painfully visible during the COVID-19 pandemic and accelerating cyber threats.
A distinctive feature of King V is also situating resilience within the organisation’s “economic, social and environmental context.” BCM planning can no longer focus solely on internal operations. Practitioners must now account for:
King V’s “integrated thinking” framework ensures resilience strategies account for interdependencies across multiple capitals and stakeholder relationships -- a richer, more realistic lens than traditional BCM.
King IV addressed business continuity within risk management frameworks. King V goes further to shifting the emphasis from disaster response to ongoing resilience capability. The ability “to operate under conditions of volatility” acknowledges that uncertainty is persistent, not episodic. Organisations must be built to absorb disruption, not merely recover from it.
King V gives practitioners real governance leverage. Use it to:
King V transforms BCM from a supporting function into a boardroom conversation. For practitioners, this is the moment to step up, align your frameworks to the Code’s requirements, and demonstrate that resilience is not just risk mitigation but a competitive advantage.