What is stopping business continuity from gaining traction?

Companies soon hit the news when things go wrong, and our latest BCM research revealed that those that do have a BCM plan use it often.

Alas, the same research showed that only 49% of companies actually have a BCM plan.  This figure has hovered around the 50% mark for the last decade.

What is stopping business continuity from gaining traction?

I think there are a number of barriers preventing non-statutory organisations creating and deploying a BCP (and BCM is mandatory for statutory organisations now):

1.  There's a lack of understanding about what BCP is and is not;

2.  People can't relate to how BCP affects or could affect them or their organisation therefore they view it as "nice to have" rather than necessary;

3.  People don't know where to start and, if you don't have the resources internally, it may seem too expensive to contract a consultant or similar to come and write a BCP for your organisation;

4.  There's the ostrich effect - I'll bury my head in the sand and it'll all pass me by;

5.  BCP is, quite probably, viewed as an expensive luxury overall - disaster recovery sites; back-up equipment; staff abstraction for training and testing of the BCP; and lastly

6.  Some people have still never heard of BCP / BCM so they don't miss it!

In reality, BCM is about common sense, forward planning (which most good managers and businesses will do anyway); risk analysis, assessment and setting acceptable risk thresholds.

The estimated cost of BCM should be weighted against the estimated cost of each of the scenarios and the impact these would have on both immediate business and long term trading (remembering that loss of service has a reputational impact and will dissuade new customers from using your product / service).

The recent outbreak of swine flu is estimated to have cost UK Plc billions of pounds.  If you had a BCP, you would know exactly how you were planning to continue trading / providing a service if your staff contracted the illness.

I guess something else to consider is how your company learns and reacts to mistakes.  If they are treated as an opportunity to learn and increasing organisational knowledge then it creates a healthy environment for managing risk.  It also shows that you trust employees, which makes things like remote working that much more feasible.

Your Business is too important to fail..
Whether it be from disgruntled ex-employees, competitors, hardware & software failure or even the weather system your business is under constant threat.

Marcella Hughes

Just seen this on the Mail

http://www.dailymail.co.uk/news/article-2046766/UK-winter-weather-warning--20C-weeks-councils-stockpile-extra-grit.html?ITO=1490

I wonder if business is any better prepared for bad weather this winter?