A Deloitte & Touche and CPM Global Assurance survey of business continuity professionals found that 50% of respondents have formal crisis management and emergency response plans, up from only 30% five years ago

Risk Management, May, 2005

A Deloitte & Touche and CPM Global Assurance survey of business continuity professionals found that 50% of respondents have formal crisis management and emergency response plans, up from only 30% five years ago. While the results are encouraging, it is surprising that given recent natural disasters, computer security breaches and the ever-present terrorist threat, such enterprise-wide business continuity plans are not more widespread.

Reasons cited for inadequate contingency planning include the absence of senior management "buy-in," a reluctance to spend the time and money to implement programs, a lack of available resources and the prevailing belief that "it will never happen to our organization."