KPMG surveys Canadian decision makers about business continuity planning

During the fall of 2005, KPMG’s Advisory practice engaged Ipsos-Reid to seek the views of senior Canadian decision makers on how their organizations are dealing with business continuity planning. 

A total of 254 senior executives involved in business or IT management were questioned in the survey, which used both telephone interviews and on-line questionnaires. Data was collected from October to December 2005 and the results have now been made available in a report entitled ‘Building a Continuity Culture’.

Highlights of the report include:

* ‘Business continuity planning is well entrenched in Canadian companies’: 83 percent of respondents indicated that they have business continuity and/or disaster recovery plans in place.

* ‘Business continuity plans managed internally’: 81 percent of respondents manage and test their business continuity plans internally.

* ‘Business continuity is a challenge to manage in an outsourced environment’: 41 percent of respondents said that this was the case.

* ‘New regulatory requirements drive business continuity plans’: 51 percent of the responding companies reported that they believe market and regulatory requirements demand an effective and tested business continuity plan.

* ‘Nearly one-third use external service providers for business continuity’: 28 percent of responding companies manage their business continuity plan with the assistance of an external provider.

* ‘Low tolerance for downtime’: 83 percent of respondents reported a low tolerance threshold when it comes to downtime.

•Date: 27th Feb 2006• Region: Canada • Type: Article •Topic: BC general
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