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Organizations ignore social media when it comes to business continuity planning

Steve Ragan | Aug. 12, 2013
According to a new study from Price Waterhouse Coopers says that many companies are not leveraging social media when it comes to business continuity management, but documentation processes are being coming more pragmatic, and vendor resiliency is starting to take hold.

"In the past, companies built a structured script and walked through a specific scenario, but now they are realizing that real life crisis events dont happen that way. They are now looking at how to make crisis management plans much more flexible and capable of handling longer lasting crisis events," said Samson.

"Further, the increased emphasis on risk management as an organization-wide initiative has continued to drive collateral improvements within BCM. Management is beginning to align BCM to broader organizational risk initiatives, as well as observing the benefits of imbedding a 'culture' of continuity and resiliency within everyday business processes."

PwC has offered a webcast containing the full findings of their survey, which can be accessed here, but registration is required.

 

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