ISO 22301, “Societal security – Business continuity management systems – Requirements” , is a standard for a business continuity management system. The system specifies that the performance of the business continuity plan be measured using defined metrics which assess the ability of the business continuity plan to meet predefined targets. These targets are defined based on specific goals of the organization to protect their prioritized operations and activities, as approved by the top management.

BCP stands for Business Continuity Planning.  BCP is a process of identifying the potential risks to your business and then evaluating how to prepare for these so that if they do happen, you have a working plan to enable your business to continue to be viable.  This means that you are still able to operate at some level needed to meet customer needs and to be able to resume normal operations at a defined point in the future.  Lack of adequate BCP means that a disaster could put you out of business permanently.