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What if...?

Perspective series

All change comes with varying degrees of risk. We can’t predict the future, but we can ask “What if...?”

In this report we offer insight to help you understand and manage risk, so you can plan for the future.

Business continuity has come a long way since the early days of mainframe-based ‘disaster recovery’ in the 1970s. It’s expanded to cover other aspects of business, but organisations often fail to apply it to the most critical element of any business – people.

It’s remarkable that ‘talent risk’ isn’t at the top of the management agenda. Despite talent being as critical (if not more so) to success as technology, it’s often far lower down most organisations’ agendas. And although losing employees is far more probable than natural disaster, in a risk context they should be of equal concern.

The facts

61 percent

61% of organisations have been more focused on risk in the past 3 years.

9/10

9 in 10 organisations with over 250 employees have business continuity plans.

3/4

Of those with business continuity plans 3 in 4 have updated them in the last year.

58 percent

58% have tested their plans in the past year.

49 percent

49% have experienced disruption due to extreme weather.

39 percent

39% have experienced loss of IT systems.

Don’t just take our word for it

What if...? – the full report

What do you view as a risk? And does this differ from your competitors? In our What if...? report, we look at new attitudes to risk and how it’s perceived in organisations like yours, offering insights into how you can manage change and assess risk effectively.

The risk field

Even if things seem calm, your organisation is continually exposed to risk. Our infographic shows the various ways risk can affect your organisation, and how you can prepare effective defences such as regularly-tested business continuity plans to significantly reduce it.

Keeping your business in business

We’ve partnered with the Chartered Management Institute (CMI), the professional body dedicated to raising the standards of management and leadership, to help you put together the continuity plan you need to keep risk to a minimum.

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