Glossary definition: Business Continuity Plan (BCP)

Creating a Business Continuity Plan (BCP)

A Business Continuity Plan (BCP) is a comprehensive plan that outlines how an organization will respond to, and recover from, a disruption in its operations. This plan identifies potential threats to the organization and the steps that will be taken to minimize the impact of those threats. The plan outlines the procedures that will be implemented in the event of an emergency, including the roles and responsibilities of staff, the resources that will be needed to manage the situation, and the timeline for restoring operations. Additionally, a BCP may also include strategies for communicating with customers, vendors, and other stakeholders during the disruption. The goal of a BCP is to ensure that the organization can quickly and effectively respond to any disruption and continue to provide the services and products that customers expect.