Tag: Continuity Planning

What is business continuity and why is it important?

What is business continuity and why is it important?

Business Strategy
Business continuity is the term used to describe a set of plans, policies and guidelines which ensure that your company can continue to function after a serious incident, unusual circumstances or radical changes. These vary from the dangerous but unlikely, such as an office fire or local flooding, the technical, such as a major loss of data or long term connectivity failure, to the unimaginable, such as the loss of some of the workforce in a vehicle or other accident. Larger businesses have these rules formalised and put in place as part of their business strategy, but smaller companies must also put plans in place. Backup plans will include a list of alternative offices to hire, nominated data backup repositories or cloud services to store digital information and an accessible list of ...