Any risk, whether opportunity or threat, requires a response from your business. This is what keeps the money rolling in. Whether it’s a planned or unplanned risk, your business resilience is what differentiates your response to this risk. If you respond inappropriately or too slowly, you could lose ground to your competitors.
Often there is confusion between Business Continuity and Disaster Recovery. Typically Business Continuity plans describe how an organization can recover and resume business operations following a disruptive incident. By contrast, Disaster Recovery plans describe the steps to take to recover and restore normal operations to IT infrastructure elements, such as networks, servers, data centers, operating systems, applications and data.
Understanding Business Resilience
Resilience is the ability of a business or organization to return to its original operational status after it has been impacted by a disruptive or disastrous event.