Business continuity accountability rising up the corporate ladder
Ed Cordin, consulting director EMEA , IDC, said: “The research shows that many business leadership teams are now taking notice of the business continuity issue. That is an important development because keeping the business running, come what may, has to be a key board-level concern not just one of IT. That said, the alignment between aspiration, accountability and decision making still requires significant attention in many organisations. Likewise organisations that do not possess detailed business continuity plans need to act now.” IDC’s report also noted that, despite the gloomy economic outlook, over one in three UK businesses (37 percent) intend to increase their business continuity spending in 2008. Ray Stanton, global head of business continuity, security & governance practice, BT Global Services, said: “It’s interesting to see that so many businesses plan to up spending in such a tough climate. However, businesses need to think carefully about how to spend that money. The right business continuity investments don’t just protect against threats, they help to build customer confidence and enhance the brand. In contrast, by failing to get the basics right, businesses risk jeopardising not only the short-term ability to maintain operations – but also longer-term growth.”
•Date: 6th March 2008• Region:UK •Type: Article •Topic: BC statistics
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