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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. Additionally, the BIA will leverage findings of the organizational Risk Assessment activity, which is sometimes executed as a part of the BIA engagement.

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Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

Section 2 - Business Continuity Management (BCM) Program Implementation. Section 3 - Risk Assessment. Section 4 - Business Impact Analysis. Section 5 - Business Continuity Strategy. Section 6 - Business Continuity Plan. Section 7 - IT Disaster Recovery Plan. 3 – Risk Assessment.

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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.