business (noun, busi-ness, \ ˈbɪznəs \) continuity (noun, con-ti-nu-i-ty, \ ˌkɑːntəˈnuːəti \) program (noun, pro-gram, \ ˈproʊɡræm \)
Definition: is an extensive management-controlled process, which guarantees that necessary actions are frequently taken to recognize and prevent possible business-related accidents, malfunctions, emergencies, and failures. This process includes several stages: a) evaluation of the potential effect a disastrous event can have on the business, b) creation of fail-safe mechanisms, recovery plans, policies, and procedures, and c) control over the employees’ readiness to implement said mechanisms and strategies should such a need arise. This program is overseen and improved by the senior-level management of a company.
In a Sentence:
Sadly, our budget isn’t big enough to support our business continuity program at the desired level.
The business continuity program at SoftSell includes the necessary precautions that allow departments to stay connected with each other regardless of the cause of the disruption.
When devising your business continuity program, you have to prioritize protecting the key processes and resources of your company.
Synonyms and related words: business continuity planning, business impact analysis, business continuity, business continuity software, business continuity management