The world is currently witnessing disasters and crises that quickly cross borders. As these disasters dramatically increase in frequency, impact, and complexity, organizations need to provide careful planning to achieve the desired prosperity. The organizations should take all the necessary measures to be prepared for overcoming the ever-challenging aspects of disasters and unexpected situations. In addition to recessions, cyber-attacks, and natural disasters, organizations are also threatened by new risks related to public health or supply chain interruptions.
In addition to cyber-attacks and natural disasters, organizations are also threatened by new risks related to public health or supply chain interruptions
Given the continuous change in the causes, triggers, and impacts of disasters, businesses have to prepare protection schemes which help them deal with the unexpected events. Considering that many organizations operate and compete in a global market, businesses cannot afford interruptions of operations, as it will result in huge long-lasting negative impacts.
To avoid such severe impacts, it is important that every organization has a Business Continuity Plan in place. Business Continuity (BC) is the ability of an organization to continue operating during and after a disaster, and the ability to recover within a short period of time. Also, a Business Continuity Plan (BCP) is strongly related to contingency, as well as to resilience and recovery.