What is Business Continuity?
Business Continuity is defined by the International Standards Organization as the:
"capability of the organization to continue delivery of services or products at acceptable predefined levels following disruptive incidents"*
*Source ISO 22300 Vocabulary
Why is Business Continuity important?
Organizations of all types and sizes, public and private are effected all the time by "disruptive incidents'. These can be extreme, such as a natural disaster or more likely something mundane, such as a burst water pipe, the loss of power or other services, ICT issues and other forms of incident that disrupts the normal work of the organization. The disruption caused usually impacts on the capability of the organization to perform its normal activities and as a consequence impacts on customers or other stakeholders, adding additional costs and creating the potential for losses in financial and even social terms.