What has influenced the growth of business continuity planning?
Business continuity planning has its roots in information technology. The development of information technology was the first time companies started to think about backing up data. During the last few years, events which have made companies alert to the importance of business continuity plans include the threatened “Y2K” or “Millennium Computer Bug” and of course September 11, 2001 and July 7, 2005. Interest in continuity planning and crisis management has increased dramatically in recent years, with pressure also coming from government and shareholders. Recent changes in financial and management reporting mean that companies have to include business continuity risks in their annual reports. Q: Who in an organization is responsible for business continuity planning? A: Large companies tend to have a manager specifically responsible for business continuity; some even have whole departments looking at the issue. In smaller companies, the person responsible can include the financial direct
