article thumbnail

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.

article thumbnail

BCM Basics: the Difference Between Business Continuity and Disaster Recovery

MHA Consulting

For business continuity newcomers, few topics are as confusing as the difference between business continuity and IT disaster recovery. However the most important terms to learn at the outset are surely business continuity and IT disaster recovery since they speak to the principal division of the entire field.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Risk Assessment: 3 Key Starting Points for Effective Business Impact Analysis

Zerto

A business impact analysis then predicts the potential disruption from each type of risk to your continued ability to do business. I want to discuss the three key areas of risk from an IT perspective that all leaders should be assessing and managing in their business impact analysis plan. Business Impact Analysis.

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

Enterprise Resiliency: Navigating Through Disruptions

eBRP

This resilience defines an enterprise’s capacity to restore its operations, assets, and services to ensure uninterrupted delivery of products and services. Here’s a breakdown of the key components that constitute the backbone of a resilient enterprise.

article thumbnail

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.”

article thumbnail

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.