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Business Continuity is an organization's ability to maintain operations when a disaster occurs. These disasters could be internal or external.
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What is Business Continuity? Business Continuity is an organisation’s ability to maintain operations when a disaster occurs. These disasters could be internal or external. Business continu ity is important for an organisation as it establishes crisis management proce sses for the organisation and ensures a safe reestablishment of services and f unction in full potential as smooth as possible. It also enables the organisatio n to allocate a reasonable budget for essential operations and also to keep ru nning without interruption in a minimal level during a risky situation. For a flawless risk management, you need to have business continuity practic es that are highly beneficial to the organisation. Here are some tips to improv e your business continuity practices. One of the best ways to improve business continuity practices is by adopting I SO 22301 standard. It clearly states what to do and what not to when a disast
er occurs that could sabotage the organisation. The ISO 22301 standard ensur es that the organisation is empowered with business continuity practices that could save it from any form of disaster. Business Impact Analysis predicts a potential disruption, its consequences an d the ways to tackle it. Having a plan that is robust and efficient would only do wonders to the organisation and ensures a safe continuity of business even a fter a disruption.