How to handle business disasters
The recession has created a new approach to risk. Robert Mackenzie of Scott-Moncrieff explains why business continuity planning is now at the top of the boardroom agenda.
The risks of serious business disruption are steadily increasing due to the greater complexity of modern business and the burgeoning range of potential threats. Nearly one in five businesses suffer from a major disruption ever year, 80% of whom end up closing within 18 months. Among the firms that suffer a loss of data, 90% stop trading within two years.