The year of 2005 will be remembered as the year Mother Nature seemed to unleash her wrath. Earthquakes, hurricanes and flooding definitely took its toll on the lives of many people.
With the events of the past year still fresh in our minds, comes a new report by AT&T and the International Association of Emergency Managers (IAEM) which reveals that companies in the Western region of the U.S. may not be adequately prepared for a disaster.
“Disaster Planning in the Private Sector: A Look at the State of Business Continuity in the U.S.” surveyed 100 senior technology executives with direct business-planning responsibilities in the West. Nationwide more than 1,200 executives from companies with more than $10 million in annual revenues were interviewed.
1. Less that 50% of the companies in those states had business-continuity plan in place
2. 38% of these companies did not consider it a priority
3. Only 13% reported having weathered a major disruption in the past
4. Yet, almost 62% stated that business-continuity planning is an important priority for them, with more than 29% noting that it has become a more important priority in recent years
Although having a business-continuity plan is the first step toward preparedness, continual testing and updating of the plan is just as important. The report revealed that only 58% of the companies with continuity plans surveyed have tested them in the last year. Almost 18% have never tested their plans.
(Source: Business Wire)