This is essentially the process in which your organisation should conduct itself in the event of a disaster to re-obtain a ‘business as usual’ state. Your business continuity plan is often considered to be the heart of a BCMS (business continuity management system).
Every organisation should have one no matter what shape, size or field of business you’re in. A disruptive/disastrous incident could happen to any business. The result of having no plan in place could potentially have irreparable consequences for your business.