Business Continuity & DRP
Business continuity and disaster recovery plan.
Good business continuity plans will keep your business running through disruptions of any kind: power outages, IT system failures, natural disasters, supply chain problems and more.
Disaster recovery is the process by which you resume business after a disruptive event. The event could be something huge – like an earthquake or terrorist attacks, or something small, like software malfunctions caused by a computer virus.
Given the human tendency to look for the silver lining, many executives have a tendency to ignore «disaster recovery» because disaster seems like an unlikely event. Continuity planning suggests a broader approach to making sure you can continue to make money not only after a natural disaster, but also in the event of smaller disruptions such as illness or departure of key employees, problems with supply chain partners or other challenges that companies face from time to time.
Despite these differences, the two terms are often referred to under the acronym BC/DR because of their many common considerations.