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Volume 27, Issue 4

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Friday, 08 August 2014 14:31

The top ten business continuity and disaster recovery trends

Dr. Steven Goldman identifies ten business continuity and disaster recovery trends that are emerging, highlighting actions that business continuity managers can take in response to each item.

10: There has been an overall worldwide increase in the number of natural disasters

As a trend, the incidence of natural disasters worldwide has steadily increased, especially since the 1970’s, according to reports from the New England Journal of Medicine (NEJM) and from global insurer Munich Re.

Climate-related disasters include hydrological events such as floods, storm surge, and coastal flooding, while meteorological events include storms, tropical cyclones, local storms, heat/cold waves, drought, and wildfires. There were three times as many natural disasters between 2000 and 2009 as compared to the amount between 1980 and 1989. The NEJM notes that a vast majority (80 percent) of this growth is due to climate-related events. As a result, the amount of economic damage due to these natural disasters has seen a steady upturn. This in turn means that companies and organizations need to be prepared for natural disasters.

The number of geophysical disasters has remained fairly stable since the 1970’s. Geophysical disasters include earthquakes, volcanoes, dry rock falls, landslides, and avalanches.

What does this mean to you?

The conventional wisdom is that if you fight Mother Nature, she always wins. However, this does not mean you surrender! It means that companies and organizations need to be prepared for whatever Mother Nature can dish out. Remember Hurricane Sandy? Many companies in the northeast USA were battered, but several not only survived but also continued operations. How? Planning, preparation, and execution.

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