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Be very prepared

By: Series: Premises and Facilities Management ; January 2004 27-28(2)Publication details: 2004Subject(s): Summary: Argues the importance of Business Continuity (BC) planning and its relevance to many organisations. Illustrates this with figures from the Business Continuity Institute that show 26% of companies were affected by the loss of key people, 24% suffered a loss of IT capacity and 17% suffered negative publicity as a result of a continuity issue. Although terrorism is cited by 34% of organisations as a reason for BC only 2% of incidents are as a direct result of terrorist attack. Awareness of business continuity appears to be low and this is partially caused by the fragmented nature of the BC market that have led to the creation of many different associations with no cohesive message. Also there is no BC standard to which organisations have to comply so there is little confidence amongst organisations that plans are being regularly updated.
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Journal article London Journal article ABS67407 (Browse shelf(Opens below)) 1 Available 125042-1001

Argues the importance of Business Continuity (BC) planning and its relevance to many organisations. Illustrates this with figures from the Business Continuity Institute that show 26% of companies were affected by the loss of key people, 24% suffered a loss of IT capacity and 17% suffered negative publicity as a result of a continuity issue. Although terrorism is cited by 34% of organisations as a reason for BC only 2% of incidents are as a direct result of terrorist attack. Awareness of business continuity appears to be low and this is partially caused by the fragmented nature of the BC market that have led to the creation of many different associations with no cohesive message. Also there is no BC standard to which organisations have to comply so there is little confidence amongst organisations that plans are being regularly updated.