article thumbnail

Business Continuity and Risk Management

BCP Builder

The Business Impact Analysis pulls from the Enterprise Risk Management process, the Business Continuity Plan is a series of contingency actions. When you are evaluating the internal and external issues (Clause 4.1 You should build recovery capabilities based on the impact of an event (loss of resources, locations, staff, etc.)

article thumbnail

Risk Management Process- Part 1: Overview

Zerto

We will discuss risk management, the critical importance of business impact analysis (BIA) , and the essential steps involved in a thorough risk assessment. Step 1: Perform a Business Impact Analysis A BIA outlines the potential consequences of risks and disruptions on critical functions and business processes.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Risk Management Process- Part 3a: Risk Assessment and Risk Identification

Zerto

In the previous post of this risk management series, we covered the business impact analysis (BIA) , which is a crucial step in understanding the impact of potential disruptions to critical business processes. Now, we move on to the next critical step in the process: risk assessment , and its first stage, risk identification.

article thumbnail

Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

Section 4 - Business Impact Analysis. 4 – Business Impact Analysis. 4 – Business Impact Analysis. 4 – Business Impact Analysis. 4 – Business Impact Analysis. 4 – Business Impact Analysis. 4 – Business Impact Analysis.

article thumbnail

Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

The critical point a business needs to understand is that the program implementation and its maturity will require some time and effort across the organization.