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What is a Business Impact Analysis (BIA)?

Stratogrid Advisory

A properly executed BIA will reduce overall operational and financial impacts, reduce potential losses and enhance the business operations of your organization. The BIA engagement will produce a set of findings that will be used to develop recovery strategies, Business Continuity Plans and IT Disaster Recovery Plans.

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Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

Section 2 - Business Continuity Management (BCM) Program Implementation. Section 4 - Business Impact Analysis. Section 5 - Business Continuity Strategy. Section 6 - Business Continuity Plan. Section 7 - IT Disaster Recovery Plan. 4 – Business Impact Analysis. 6 – Business Continuity Plan.

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Everything You Need to Know About Business Continuity Plans

Erwood Group

NOTE: DRII takes this definition from the Business Continuity Institute BCI and Disaster Recovery Journal DRJ. These sections can be created logically such as Operations, Finance, or broken into business recovery areas. Business Continuity Plan Governance. Some Additional Information on Business Continuity.

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Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

An added benefit to a more resilient organization will be lower insurance rates These are just a few examples.