Survey: Global Crisis Having No Impact on BCM Activities…Yet
Continuity Central is running a survey called ‘The global financial crisis and its impact on the business continuity market.’ To date, survey results show that the impact is somewhat limited. Fifty-seven percent of respondents state that the global financial crisis is having no impact on business continuity planning activities in their organizations. However, 35 percent report that it is having a negative impact and 8 percent say that it is actually having a positive impact on business continuity planning activities.
From a spending perspective, in 2009 37 percent of respondents think that spending on business continuity activities will be lower (26 percent) or much lower (11 percent). 41 percent expect that spending in 2009 will be the same as 2008; and 22 percent will spend more (18 percent) or much more (4 percent) than in 2008.
Respondents were asked about the impact of the global financial crisis on staffing levels in business continuity teams. Only 17 percent of organizations have reduced or expect to reduce staffing levels. Sixty-eight percent expect that levels will remain the same and 15 percent of respondents’ organizations will be increasing business continuity staff numbers in the future.
The survey is still open and you can take part by clicking here.
