Business continuity in 2017: interim survey results
- Published: Tuesday, 22 November 2016 09:41
Continuity Central is currently conducting its annual survey into business continuity trends; and the interim results are now available. The survey will remain open until the end of 2016 and all business continuity professionals are invited to take part.
The majority (53.33 percent) of respondents so far expect that 2017 will see small changes being made in the way their organization manages business continuity. However, more than a third (35.56 percent) expect to see large changes.
One of the key trends emerging is that greater attention is being given to cyber risks and cyber incident response. More than 13 percent of respondents so far identified this as the main area which will drive business continuity change in 2017.
Lack of budget and lack of senior management buy-in are emerging as the greatest challenges, with 22.5 percent and 27.5 percent of respondents stating that these issues will hold back business continuity developments within their organization during 2017.
Business continuity spending
More than half (54.55 percent) of respondents so far say that business continuity spending will be the same in 2017 as it was in 2016. However, encouragingly, almost a third (31.82 percent) say that business continuity spending will be higher in 2017; and 6.82 percent say that it will be much higher.
Business continuity recruitment
Most (77.27 percent) of respondents say that their business continuity teams will remain the same size in 2017. 15.91 percent expect their team to grow; and 6.82 percent believe that it will reduce in size.
A more detailed post-survey report will be produced once the survey closes.
To take part go to https://www.surveymonkey.co.uk/r/BCMin2017