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Lessons from a Botched BIA: Learning from One Company’s Mistakes

MHA Consulting

In one recent engagement, MHA was tasked with picking up the pieces after a Business Impact Analysis (BIA) conducted by another consulting firm suffered a crack-up. The company—a global manufacturing concern—said they had a BIA in hand and they wanted MHA to use it as the basis for implementing their BC program across the organization.

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BCM Basics: the Difference Between Business Continuity and Disaster Recovery

MHA Consulting

They soon find the field contains an abundance of specialist terms such as inherent risk , mitigation controls , and recovery time objective. Examples of covered business functions include manufacturing products, delivering services, running payroll, and providing customer service.

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Embedding BC for a More Resilient Future

Plan B Consulting

As business continuity managers, we should have done our key supplier analysis. In the BIA (Business Impact Analysis), we have a strategy in place for mitigating this risk and so does this mean we are not vulnerable to the loss of supply?

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Embedding BC for a More Resilient Future

Plan B Consulting

As business continuity managers, we should have done our key supplier analysis. In the BIA (Business Impact Analysis), we have a strategy in place for mitigating this risk and so does this mean we are not vulnerable to the loss of supply?

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Embedding BC for a More Resilient Future

Plan B Consulting

As business continuity managers, we should have done our key supplier analysis. In the BIA (Business Impact Analysis), we have a strategy in place for mitigating this risk and so does this mean we are not vulnerable to the loss of supply?

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Forever Free Initiative™ Launched by the Erwood Group

Erwood Group

Additionally, we are providing the ability to calculate the costs that a disruption or downtime will have on the business and allowing them to complete a basic Financial Impact Analysis on their business operations by utilizing the Basic Downtime Calculator Tool. Screen Shot of Basic Downtime Calculator.

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What is Business Continuity?

Erwood Group

Business Impact Analysis. One of the methods we use here at the Erwood Group is to provide our clients with a Financial Impact Analysis that allows them to visualize the monetary and economic value and utility of implementing a business continuity program. This brings us to conducting an in-depth Business Impact Analysis.