SMEs 'lack plans to cope with extreme weather'

Published On 20 March 2007 at 12:25:09
Small and medium-sized enterprises (SMEs) in the UK are not planning for extreme weather conditions, according to new research.The 2007 Business Continuity Management Survey, carried out by the Chartered Management Institute, revealed that 28 per cent of SMEs in the UK had been affected by extreme weather in the 12 months to January.
Despite this, only 34 per cent of small businesses had in place any business continuity plans (BCPs) to cover unexpected disruptions.
"The report reveals a situation where there is still much work to be done," warned Bruce Mann, director of civil contingencies at the Cabinet Office.
"Events from the Carlisle floods to the London bombings and Buncefield explosion have clearly shown the vast range of impacts that emergencies can have. Yet despite these, there are still too many organisations with insufficient business continuity plans in place."
John Sharp, the policy and development director at the Continuity Forum, explained that SMEs needed "to demonstrate their commitment to BCM to key stakeholders internally and externally, but at the same time should encourage suppliers to do the same".
Related Business Insurance News:
- Business insurance 'important for home workers'
16 May 2007 at 14:52:50
People who work from home need to carefully consider whether they have adequate business insurance, a leading provider has warned. - FPB criticises the HSE
19 April 2007 at 15:29:54
The Forum of Private Businesses (FPB) has hit out at a new campaign from the Health and Safety Executive (HSE) which aims to dispel workplace myths. - Bosses 'must protect staff from robberies'
11 April 2007 at 15:02:17
The owners of small and medium-sized enterprises need to make sure they protect their staff from robbery, according to an industry expert. - Bosses 'ignore death and illness planning'
11 April 2007 at 11:58:12
The majority of the owners of small businesses are not making any plans for their enterprise should they become seriously ill or die, a report suggests. - Business hit by cost of 'yob culture'
12 March 2007 at 11:20:11
British businesses are being hit financially by an increase in 'yob behaviour', according to a new study. - Safe SMEs "entitled" to cheap insurance
9 February 2007 at 11:05:09
SMEs could see their insurance costs rising as a result of recent legislation, the Federation of Small Business (FSB) warns.
