Business Continuity Planning

What is Business Continuity Planning?

 

‘Business Continuity Planning’ is the planning of a company to tackle any kind of changes due to which the daily functioning of the company is interrupted. For example, disaster management is a subset of business continuity planning, which is the planning for any kind of natural calamity.

 

Similar kinds of plans could be prepared for poor economic conditions, supply chain infrastructure failure, etc. which could deal with the corresponding issues. These plans could be either developed by the companies themselves or developed for them by some regulatory body.

 

A ‘Business Continuity Planning’ or BCP is a subset of risk management. They are created considering all the stakeholders as well as the employees with the help of regulatory bodies.

More HR Terms

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What is Emotional Intelligence?   ‘Emotional Intelligence’ is the intelligence related to one’s emotions. It is defined as the ability to control one’s own emotions

Career Break

What is Career Break?   A ‘Career Break’ is a break from one’s career for either professional or personal reasons. It has to be agreed

Delayering

What is Delayering ? ‘Delayering’ refers to the removal of layers of hierarchy between the highest and lowest levels to increase the organization’s efficiency and

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