Business Continuity Management
Business Continuity Management is the entirety of organization arrangements including policies, standards, and management procedures for ensuring that specified operations can be maintained or recovered in a timely fashion in the event of a Business Disruption.
The purpose of continuity management is too minimise the operational, financial, legal, reputational and other material consequences arising from a disruption. A key component of continuity management is a formal Business Continuity Plan
- BCBS, High-level principles for business continuity, August 2006