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Tuesday, 02 January 2018 20:31

Reading the Tea Leaves: What’s Next in the World of Business Continuity in 2018

As 2017 winds down, I thought it might be worthwhile to knock back a cup of Earl Grey and see what the tea leaves show lies ahead for the world of business continuity in 2018.

Here’s the thumbnail version of my forecast:

  • The overall picture of most BC programs is going to be one of ongoing uncertainty, with lots of small-scale agitations but no dominating trends.
  • Two peripheral trends I see are the continued movement of services to the cloud and the increasing influence of millennials on the world of business continuity.
  • In the world at large, I think we’re going to see the continuing proliferation of the risks associated with climate change and terrorism and also the potential movement of international conflict into cyberspace. These developments could have significant impacts on the practice of business continuity management.

One thing that we know is coming in 2018 is the European Union’s new General Data Protection Regulations (GDPR). The EU’s strict new privacy protection rules go into enforcement on May 28, as I discussed in my blog post from last week, GDPR Compliance: A Heads-Up for Business Continuity Professionals. Take a look if you would like to know more about what GDPR might mean for your organization.

And while I’m making suggestions for further reading, let me call your attention to an interesting survey by Continuity Central. These are the interim results of their survey of business continuity professionals worldwide, asking people what they see happening in their programs in 2018. The results of this survey triggered some of the points I make below.

In the rest of this article, I’ll share some additional thoughts on the topics mentioned above, along with a few others.

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https://bcmmetrics.com/business-continuity-in-2018/