What is "business continuity planning" and its relevance to organizations? 🔊
Business continuity planning (BCP) involves creating systems of prevention and recovery to deal with potential disruptions to an organization. It ensures that critical functions can continue during and after a crisis, whether due to natural disasters, technological failures, or other emergencies. The relevance of BCP is paramount, as it helps organizations minimize losses, maintain operational stability, and protect their reputation. Effective business continuity plans enable organizations to respond swiftly, adapt to challenges, and ensure long-term resilience.
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