In September of 1999, Grant Turnbull released a milestone recommendation report for The Institute of Chartered Accountants in England & Wales -- it has simply come to be known as "The Turnbull Report
". At its core, the report recommended that all compaines have a risk management strategy in place by year end 2000. It was thought that beyond providing organizations with a framework to assess risk, it would more importantly introduce the concept of business continuity planning into organizations. Its release prompted many organizations to create training modules
the particulars of Turnbull. As of this year, however, only 53% of British companies have set some guidelines. Grant Thornton states in fact, that 80% of companies have failed to truly embrace the full spirit of the report.
Set against this backdrop, the Royal Institute of Chartered Surveyors (RICS) posted this article
on their website on August 29. Readers of this site will remember that in June, I attended the 13th World Conference on Disaster Management, where we invested in a full week of very intensive seminars that brought us up to speed with the current state of business continuity planning. For those who didn't attend the conference, and feel as though they may have missed out, the RICS article provides a very good manual for creating a framework of your own in-house business continuity plan. It's a very informative read.