Wednesday, March 21, 2007

Firms 'not ready for disasters'


UK businesses have not done enough to prepare for extreme events such as storms, flu pandemics and terrorist attacks, a report has claimed.

According to the Chartered Management Institute, UK firms blow "hot and cold" when it comes to preparing continuity plans, putting their business at risk.

Less than half of the 1,257 companies questioned had a business continuity plan in place, the institute said.

The main fears were losing staff and IT and communications coverage, it said.

"Companies need to work out what the key issues are that will stop them working," said Jo Causon, a director of marketing and corporate affairs at the institute.

See full Article.