Business Continuity Planning
Business continuity planning is the process of identifying potential threats to business operations. It also involves preparing for scenarios so that the organization can continue operating during an emergency. It could be a natural disaster, internet outage, fire, or other unexpected emergencies. The pandemic is one recent example where business continuity planning came to the fore.
Business continuity planning identifies the essential functions that must restart quickly and how the organization will make that happen. Planning should provide a strategic and operational framework so the organization can withstand unexpected events.