Business continuity refers to the processes and procedures that organizations put in place to ensure that essential functions can continue during and after a disaster or disruption. This includes planning for various scenarios that could impact operations, such as natural disasters, cyberattacks, or other emergencies.

Characteristics
– Risk Assessment: Identifying potential threats and vulnerabilities that could disrupt business operations.
– Business Impact Analysis: Evaluating the effects of disruptions on business functions and determining critical processes.
– Recovery Strategies: Developing plans to restore operations quickly and efficiently after a disruption.
– Training and Testing: Regularly training employees on continuity plans and conducting drills to test the effectiveness of those plans.
– Communication Plans: Establishing clear communication channels for stakeholders during a crisis.

Examples
– A company develops a backup system for its data to ensure that information is not lost in case of a cyberattack.
– A retail business creates a plan to relocate operations to a temporary site if its primary location is damaged by a natural disaster.
– An organization conducts regular training sessions for employees on emergency procedures and business continuity plans to ensure everyone knows their roles during a crisis.