Chartered Management Institute publishes its annual business continuity management survey
The Chartered Management Institute has released its 2012 report into the status of business continuity management in UK organizations. This is the longest running annual business continuity survey in the UK, providing a useful snapshot of how business continuity has developed and changed over the years.
Entitled ‘Planning for the Worst’, the 2012 report is published in association with Aon, the British Standards Institution, the Business Continuity Institute and the Civil Contingencies Secretariat in the Cabinet Office.
2011 presented a wide range of unexpected threats to the operations of UK organizations, says the report. While winter weather was the most common cause of organizational disruption for the third year running, other significant business disruptions included the public sector strikes (which caused problems for 55 percent of managers), the Blackberry outage (39 percent), the summer riots (26 percent), natural disasters such as the Japan earthquake and tsunami (19 percent), and international social and political unrest such as the Arab Spring uprising (18 percent).
The findings suggest that this wide range of threats has prompted business continuity management to become increasingly adopted in the UK. After a sharp increase in business continuity management uptake over the past two years, the 2011 figures show another rise: 61 percent of managers now work for an organization that has BCM in place, up from 58 percent in 2010.
Looking forward, many organizations are thinking about how to minimise the impact of the Olympic Games: 25 percent of managers will allow staff to work flexible hours; 17 percent of staff will be able to work remotely; and a further 17 percent of managers have prepared for an increase in annual leave requests.
With the launch of the report, CMI is calling for small and micro organizations to follow the example of medium and large organizations by putting robust and proportionate business continuity plans in place. At present, just 31 percent of micro organizations and less than half of small organizations (48 percent) utilise BCM, compared to 61 percent of medium and 74 percent of large organizations. BCM continues to be most prevalent in the public sector, with 73 percent of managers reporting BCM arrangements, and in large private sector organizations, with 70 percent uptake of BCM. However, this falls to 52 percent overall in the private sector when factoring in small and medium sized businesses. Uptake of BCM in the not-for-profit sector is 60 percent.
The report shows clear advantages for organizations which do have business continuity plans in place. Of those who had to activate plans in 2011, 81 percent agreed it reduced disruption and the same number stated that any cost in developing plans is justified by the business benefits they bring.
Only one fifth of managers expect their business critical suppliers to have a business continuity management system in place, and only 7 percent expect all of their suppliers to.
Download the report (PDF).
•Date: 15th March 2012 • UK •Type: Article • Topic: Business continuity statistics