Build resilence and manage unpredictable changes within the IT and business ecosystem are fundamental to be sure the safety of a company. These key objectives need to be aligned with the continuity of their key processes in the event of a disruptive incident. For that, they need to have a well-structured business continuity plan (BCP), which complies with an enterprise wide view, meaning a covering blueprint of all the areas throughout the company, in order to achive the objective on maintaining and restoring operations. Disaster recovery strategies must be well addressed and support all business continuity activities. Pinpointing and addressing these challenges is the goal of business continuity (BC). This research paper studies and presents the state-of-art of the organizational requirements, and conceptual foundations, more specifically about business continuity and disaster recovery concepts. Key aspects to address were found at the actual best practices of managing a business continuity plan. This paper will be the base of a wider MsC research work for the creation of a new methodology and framework to build BCP and DRPs.