What is the primary role of the business continuity steering committee?

The primary role of the business continuity steering committee is to implement objectives, program structure, and critical success factors. This committee is tasked with overseeing the development and maintenance of the business continuity program within the organization. It plays a crucial role in ensuring that the program aligns with overall business goals and strategies, addressing the need for effective risk management and response to potential disruptions.

The committee is responsible for establishing the framework necessary for the business continuity program to function effectively, which includes defining specific objectives, delineating roles and responsibilities, and determining the critical success factors that will allow the program to succeed. By focusing on these aspects, the steering committee helps to ensure that all organizational efforts related to business continuity are well-coordinated and prioritized, fostering an environment that enhances resilience against unforeseen events.

In the context of the other choices, they do not align with the primary focus of the business continuity steering committee. Financial audits, market research, and employee relations are important elements of organizational management but do not directly pertain to the strategic implementation and oversight of business continuity initiatives, which is the main focus of the steering committee.