Continuity central is running their annual business continuity trends survey. Although they are still collecting results, the preliminary results are interesting and suggest a number of changes coming to business continuity.
According to early survey response, business continuity professionals expect to see the following trends in 2014:
- Changes in incident/crisis management processes
- Greater BC integration with the wider business
- ISO 22301 implementation projects will drive changes
Budgets for business continuity aren’t shrinking. Early results suggested that while about 50% of budgets were remaining the same for 2014 as they were in 2013, the rest of respondents predicted increased budgets from, some even reporting budgets would increase significantly.
Most respondents, 77%, expect that their business continuity teams will remain the same size in 2014 as they were last year. Nearly one fifth of early respondents expected their team to grow while only 2.5% reported expected shrinkage.
These are preliminary results; it’s not too late to participate in the survey and share your insights.
How do these early results compare with what’s happening in your organization?