business (noun, busi-ness, \ ˈbɪznəs \) recovery (noun, re-cov-er-y, \ rɪˈkʌvəri \) planning (noun, plan-ning, \ ˈplænɪŋ \)
Definition: is an integral part of a company’s business continuity planning that covers the procedures, operations, and actions that are undertaken immediately after a disaster occurs. The goal of this process is to recover the company to a state that is identical or nearly identical to the condition, in which it was prior to the disaster. In essence, this part of the BCP has to include sections that explain how the business plans to recover after the loss of any critical information or technology.
In a Sentence:
- The lack of properly-executed business recovery planning has seriously damaged our company. During the aftermath of the virus attack, no one had any idea how to recover all the lost data.
- The management of Play-Minute has dedicated weeks to conduct proper business recovery planning. Now, they are ready for almost every possible critical failure scenario and have created a backup of all vital company information.
Synonyms and related words: disaster recovery planning, business resumption planning, business critical point, business continuity planning
