Business continuity challenges
Over the last few years larger UK businesses have become increasingly aware of the need for business continuity plans which help prepare for interruptions to operations and improve business resilience if the worst happens.
Yet despite being more likely to experience serious interruptions because of their smaller size and more limited resources, most small to medium-sized enterprises aren't doing enough to plan against risk.
Out-of-Business As Usual?
AXA and Henley Management College have conducted research to help build a picture of the business continuity challenges faced by SMEs in the UK. Download a copy of the Out-of-Business As Usual? report to get the latest thinking on business continuity management and practical recommendations on how to apply it to your business.
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Contribute to the debate
If you'd like to contribute to our ongoing research into business continuity planning, please email us with your thoughts on the following questions:
1) Our research has uncovered several reasons why many SMEs don't have business continuity plans, including:
- lack of resources to make the plans;
- over-estimating what the business can withstand;
- assuming that many problems are 'too small' or 'too big' to plan for; and
- assuming that if a crisis hasn't happened yet, it's not urgent enough to plan for.
Do these reasons ring true for you? Which would you say is the main factor for SMEs?
2) If your business has a continuity plan what was the main reason for putting one in place? If not, what's the main reason that's holding your company back from developing one?