What is Business Continuity?

The Business Continuity Institute defines Business Continuity Management as:

"An holistic process that identifies potential threats to an organization and the impacts to business operations that those threats, if realised, might cause. It provides a framework for building organisational resilience with the capability for an effective response that safeguards the interests of key stakeholders, reputation, brand and value-creating activities."

BCI Good Practice Guidelines 2010

Best practice dictates that organisations view their preparation for unplanned events as an iterative process as illustrated in the diagram below taken from the BS25999 Business Continuity Management model.

The overall framework is now known as Business Continuity Management, which recognises that it is a holistic practice that brings together business continuity planning, emergency planning and business planning. Put simply, there is a need to deal with not only the emergency at the time but to also consider the long term effects on the University in terms reputation, income etc.

Source: BS25999-1: 2006