Remove BCM Remove Disaster Recovery Remove Impact Analysis Remove Risk Management
article thumbnail

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.

article thumbnail

An Introduction to FFIEC: BCM’s Gold Standard

MHA Consulting

FFIEC is, of course, one of many standards that organizations can adopt and seek to come into alignment with to strengthen their BCM programs. However, of the five, the FFIEC Business Continuity Management booklet is widely regarded as the toughest and best. The Gold Standard FFIEC is the most aggressive standard in the U.S.

BCM 74
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

Once implemented, a Business Continuity Management (BCM) Program will support your organization's value statement and its mission. The implementation of a Business Continuity Management (BCM) Program can be a complicated and lengthy process, which directly depends on the organization's size and complexity.

article thumbnail

Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

Once implemented, a Business Continuity Management (BCM) Program will support your organization's value statement and its mission. Section 2 - Business Continuity Management (BCM) Program Implementation. Section 3 - Risk Assessment. Section 4 - Business Impact Analysis. 3 – Risk Assessment.

article thumbnail

More Than Meets the Eye: The Hidden Benefits of BC Planning 

MHA Consulting

Related on BCMMETRICS: Don’t Give Up the Ship: Demonstrating the Benefits of Rigorous Crisis Management Training Benefits That Go Beyond BC The main purpose of a business continuity management (BCM) program is to help an organization get through disruptions with the least possible impact to its operations, reputation, stakeholders, and bottom line.

BCM 52
article thumbnail

How a Risk Maturity Model Can Increase Your Company’s Resilience

MHA Consulting

In today’s post, we’ll look at how such a model can help an organization understand its risks, mitigate the risks that threaten its core services, and integrate business continuity with enterprise risk management, thus boosting resilience overall. What Is a Risk Maturity Model?

article thumbnail

How a Risk Maturity Model Can Increase Your Company’s Resilience

MHA Consulting

In today’s post, we’ll look at how such a model can help an organization understand its risks, mitigate the risks that threaten its core services, and integrate business continuity with enterprise risk management, thus boosting resilience overall. What Is a Risk Maturity Model?