MHA President & CEO, Michael Herrera recently commented on the state of BCP across the United States in his blog www.michaelherrera.wordpress.com. Observations have found that a number of organizations are reducing or eliminating their BCP efforts all together across the country. This reduction in efforts coupled with staffing losses increases corporate risk exposure.
We have clients that have developed solid programs but can no longer afford the maintenance efforts; others have eliminated new BCP projects all together. In companies where regulation requires BCP, efforts are continuing but at a slower pace. BCP is no longer a “nice to have” but a “cornerstone” of enterprise risk management.