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Japanese government to promote private-sector business continuity

Get free weekly news by e-mailGovernment panel to develop business continuity guidelines and benchmarking system.

The Japanese newspaper Asahi Shimbun has reported that the country’s government is to ask an advisory panel to draft a benchmarking rating-system by this August to help assess the business continuity preparedness of the nation’s private businesses. The panel will also draft business continuity and disaster recovery guidelines for companies to follow.

The Japanese government is expected to use the rating-system and its associated guidelines to encourage companies across the country to focus on the importance of business continuity. Anecdotal figures quoted by the newspaper point to only 21 percent of companies having a disaster recovery plan for a natural calamity, something which is of great concern to the government in a country which is at such a high risk of earthquake damage.

According to Asahi Shimbun the government hopes that companies that are seen publicly to be well prepared against disaster will be better trusted by their clients and will therefore have a competitive advantage over less well-prepared businesses.

Date: 11th January 2005 • Region: Asia Pacific Type: Article •Topic: BC general
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