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Business continuity: corporate responses. (Business Briefs).


A recent survey of business continuity professionals found that 76 percent of the respondents In the context of marketing research, a representative sample drawn from a larger population of people from whom information is collected and used to develop or confirm marketing strategy.  said their organization has reviewed its business continuity plans since last September September: see month.  11. Fifty two percent of those surveyed made some changes to their plan, while 10 percent completely overhauled their plans and 14 percent reviewed their plans but did not make any changes. Surprisingly, 21 percent responded that they had neither reviewed nor revised their plans.

Strohl Systems, a global company in business continuity planning Business Continuity Planning (BCP) is an interdisciplinary peer mentoring methodology used to create and validate a practiced logistical plan for how an organization will recover and restore partially or completely interrupted critical function(s) within a predetermined  software and services, joined with Contingency contingency n. an event that might not occur.  Planning & Management magazine to conduct the online survey earlier this year. The percentages are based on 1,437 responses; 15 percent of the responses came from outside the U.S.

"While the events of September 11 have exponentially ex·po·nen·tial  
adj.
1. Of or relating to an exponent.

2. Mathematics
a. Containing, involving, or expressed as an exponent.

b.
 increased awareness of business continuity planning, I am slightly surprised that more organizations didn't at least review their plans," said Brian Turley, president of Strohi Systems. "But it is very encouraging to hear that many organizations are taking BCP BCP Best Current Practice(s)
BCP Business Continuity Planning
BCP Business Continuity Plan
BCP Book of Common Prayer
BCP Banco Comercial Português
BCP Bureau of Consumer Protection (US Federal Trade Commission) 
 more seriously."

Other significant results from the survey:

* 86 percent of respondents noted that their organization had experienced a heightened awareness of business continuity since September. 11, while just 13 percent said theirs had not.

* 41 percent think September 11 will most likely bring increased physical security. Twenty-four percent chose increased information security; 17 percent thought the terrorist attacks could increase their BCP budget. Only 3 percent expect an increase in telecommuting telecommuting, an arrangement by which people work at home using a computer and telephone, transmitting work material to a business office by means of a modem and telephone lines; it is also known as telework. , and 13 percent expect less travel.

* 53 percent said their plan covers all business units. Twenty-three percent said their plan covers key internal functions, while 21 percent said their plan only covers IT functions.

* 48 percent said their organization updates its plan whenever needed; 19 percent said they did it quarterly, 5 percent said monthly and 2 percent said daily.
COPYRIGHT 2002 Financial Executives International
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:survey results
Publication:Financial Executive
Article Type:Brief Article
Geographic Code:1USA
Date:May 1, 2002
Words:295
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