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Firms 'not fussed' about business continuity, says survey
24/03/2009
Many firms in the UK have not put time or effort into their business continuity management plans, according to a new survey.
The poll, conducted by the Chartered Institute of Management (CMI) and published in collaboration with the Cabinet Office, found that only half of the firms questioned had systems in place to deal with business disruption.
While this figure represents a five per cent increase on the previous year, the CMI's report described it as "worryingly low".
Bruce Mann, director of the civil contingencies secretariat at the Cabinet Office, said: "It is easy to put off attending to risks and let business continuity preparations slip down the agenda. This short sightedness can be extremely costly."
Recently, a risk assessment conducted by the IT firm iJet suggested that business disruptions may become more frequent during the recession.
It claimed that the likelihood of an increase in the number of strikes and walkouts would make business continuity planning even more important in the years to come.
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