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
