Disruption & Resilience: The 2010 Business Continuity Management Survey
Chartered Management Institute’s (CMI’s) 11th annual survey on business continuity management, based on a survey of 903 managers, tracks how organizations across the United Kingdom dealt with the major disruptions of the last 12 months.
CMI’s latest offering on business continuity management reveals that less than half of organizations have an adequate Business Continuity Plan (BCP) in place. This is despite 93 per cent of organizations being affected by the heavy snowfall in recent months. The report offers practical recommendations for managers wanting to improve their organizations’ resilience to disruption and also provides signposts to additional BCM resources and information.
“Last year’s report reflected that the UK’s ability as a nation to respond effectively to disruptive challenges had improved in the previous five years, but that large gaps remained. Many organisations were still at risk of significant disruption or even failure. This remains the case.
“But this year’s report is encouraging in that the number of small organisations and charity/not for profit organisations with business continuity plans has increased. Despite the increasing economic pressure, more senior managers in those organisations which do plan can see the importance of preparing for possible disruption caused by the commonest kinds of hazard in the National Risk Register. Those who have had to activate their business continuity plans believe that they had been effective in reducing the impact of disruption.
“This report also shows the benefits of an all-hazards approach to business continuity planning. For the first time, disruption to Information Technology has been supplanted by extreme weather as the most persistent disruptive challenge that organisations have faced. The increased risks of disruption by severe – not just extreme cold – weather will be one of the features of the next update of the National Risk Register.
“Economic pressures will mean that businesses of all sizes need to consider carefully their investment in security and resilience. Business Continuity Management remains a cost-effective approach, particularly when allied to better informed risk assessment. I hope that all businesses will consider this report carefully, together with the guidance in the British Standard (BS 25999) and the National Risk Register, in deciding on their continued investment in effective business continuity planning.”
See Disruption & Resilience The 2010 Business Continuity Management Survey, from The Chartered Management Institute.
Tags: Business Continuity, Chartered Management Institute, CMI, survey
