Send Word Now took a look back at 2011 and reviewed business continuity management and best practices across industries and released findings in our 2011 Business Continuity Report.
Business continuity prioritization has increased in recent years, most likely due to increased awareness and understanding of ROI amongst senior executives. Thoughts on business continuity management have evolved from it being a tool only used in fluke events such as terrorist attacks or catastrophic natural disasters to a tool that can be used to help moderate everyday risks that could threaten productivity or business operations.
Send Word Now used a survey to poll 230 different organizations in the United States, Canada, and United Kingdom. The survey expanded on the findings from our 2010 survey in order to gain a better understanding of customers’ needs. The data compiled was also used to discover what business continuity strategies are and are not working for them.
The business continuity survey yielded interesting results. The results were collected and broken down by the following topics: The Cloud: Friend or Foe?, Weather Continues to be the Leading Cause of Disruptions, and Senior Management Buy-In. The first topic, The Cloud: Friend or Foe?, looked into the security of cloud-based services and what questions you should be asking your notification provider about their security controls. The second topic gathered information on what types of weather/climate related disasters occurred most frequently, damage costs, and how business operations were affected. The third and last section looked at the importance of business continuity to senior management and the biggest problem business continuity planners face within their organization. The report explains the findings in detail and includes graphs and charts. Click here to read the results and view the full report.
Business continuity management solutions will continue to grow in the coming year. In 2012, Send Word Now will continue to look into what factors influence BCM budgets and the evolution of BCM software and technology.