
Redundancy planning
Redundancy planning is the process of preparing a business to continue functioning smoothly if key people, systems, or resources become unavailable. It involves creating backup options or alternatives so that operations are not interrupted, minimizing risks from unexpected failures or losses. For example, having multiple suppliers, backup employees, or additional equipment ensures the business can quickly adapt to disruptions. Effective redundancy planning enhances resilience, maintains service levels, and reduces potential financial impact during unforeseen events.