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Risk Management Process- Part 2: Business Impact Analysis

Zerto

The Critical Role of Business Impact Analysis In the first part of our miniseries on risk management, we introduced the operational risk management process and outlined its different parts. This time, we are exploring one of those key parts: the business impact analysis (BIA) process.

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What is a Business Impact Analysis (BIA)?

Stratogrid Advisory

What is a Business Impact Analysis (BIA)? The Business Impact Analysis (BIA) is a cornerstone of the Business Continuity Management (BCM) Program. A properly executed BIA will reduce overall operational and financial impacts, reduce potential losses and enhance the business operations of your organization.

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Business Impact Analysis could be Challenging for some Organizations

Stratogrid Advisory

Why the Business Impact Analysis is Challenging for an Organization with Constant Changes Last Updated on May 31, 2020 by Alex Jankovic Reading Time: 3 minutes In a Business Continuity Management (BCM) Program , there are specific professional practices that must be adhered to.

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Business Impact Analysis could be Challenging for some Organizations

Stratogrid Advisory

Why the Business Impact Analysis is Challenging for an Organization with Constant Changes. The Disaster Recovery Institute (DRI) outlines the first steps as Business Continuity Management (BCM) Program Initiation and Risk Assessment, with the third being the Business Impact Analysis (BIA). 15 Articles.

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IT Disaster Recovery Planning – No worries, we have a backup!

Stratogrid Advisory

IT Disaster Recovery Planning – “No worries, we have a backup?!” Last Updated on May 31, 2020 by Alex Jankovic Reading Time: 3 minutes When asked about their organization’s IT Disaster Recovery (ITDR) plans, some will smile and say, “Yes, we have a backup and it is fully outsourced.”

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IT Disaster Recovery Planning – No worries, we have a backup!

Stratogrid Advisory

IT Disaster Recovery Planning – “No worries, we have a backup?!”. When asked about their organization’s IT Disaster Recovery (ITDR) plans, some will smile and say, “Yes, we have a backup and it is fully outsourced.” ITDR Planning depends on Business Impact Analysis (BIA) and Risk Assessments. 17 Articles.

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Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

Note : Some sections of this article were previously published in our blog archives. We hope that this guide will help demystify the business continuity planning process and give you a few practical tips and guidelines on how to implement it in your organization.