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A survey of 600 members of the Association of Compliance Officers in Ireland (ACOI) has shown how important business continuity planning has been in helping Irish businesses respond effectively to the COVID pandemic and stay afloat over the last few months.

Key findings included:

  • 91 percent of organizations surveyed said that business continuity plans have been a success during the pandemic,
  • 37 percent of businesses are working on revised continuity strategies in case of a second wave, and 28 percent had completed second wave plans.

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Business continuity?

Business continuity can be defined as 'the processes, procedures, decisions and activities to ensure that an organization can continue to function through an operational interruption'. Read more about the basics of business continuity here.

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