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 business continuity Definition: A company that is forward-thinking will examine its internal and external workflows, and determine risks associated with potential breakdowns. These would lead to an assignment of a risk tolerance for each that is related to its value. The end result is to develop a Business Continuity plan that establishes redundant or alternate workflow procedures that would take effect if a business process fails. (Most companies are too blind to do this - they just blame their I.T. group for not having a Disaster Recovery plan.) Usage: "Sure, Boss, my I.T. group can draw up a Disaster Recovery plan. We need to see the Business Continuity Plan first, or I won't be able to correctly assess the value of each I.T. system. Posted by netminder on July 5, 2009 at 15:11:25 Pacific |
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