MHA Consulting

MARCH 9, 2023

We write a lot about BIAs in our blog and ebooks, and no wonder: the business impact analysis is the cornerstone of a sound business continuity program. This high level of interest in BIAs is completely warranted since the BIA is the lynchpin of a good business continuity management (BCM) program and hence of a resilient organization.

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BryghtPath

DECEMBER 12, 2024

A comprehensive guide on BCM IT covering its importance, benefits, key components (risk assessment, business impact analysis, recovery strategies), and steps to build a resilient framework for your business. The post How BCM IT Enhances Business Continuity and Risk Management appeared first on Bryghtpath.

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Stratogrid Advisory

JANUARY 29, 2019

Not another BCM Program audit? Last Updated on May 31, 2020 by Alex Jankovic Reading Time: 4 minutes Another Business Continuity Management (BCM) Program audit. The second phase of an audit must include an analysis of the information as well as a gap assessment against pre-determined criteria (e.g.

Audit 52

Audit BCM Impact Analysis Disaster Recovery 52

Stratogrid Advisory

JANUARY 29, 2019

Not another BCM Program audit? Another Business Continuity Management (BCM) Program audit. BCM Program Audits. The second phase of an audit must include an analysis of the information as well as a gap assessment against pre-determined criteria (e.g. When to do an audit of your BCM Program. BCM as a Service.

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MHA Consulting

MARCH 23, 2023

FFIEC is, of course, one of many standards that organizations can adopt and seek to come into alignment with to strengthen their BCM programs. For this reason, it is often referred to as the Gold Standard of BCM standards. The Gold Standard FFIEC is the most aggressive standard in the U.S. marketplace.

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BMC

NOVEMBER 11, 2024

A critical process called Business Continuity Management (BCM), not many organizations sadly have these programs in place. To help your organization better understand how BCM works and ways to implement such systems, in the following article, we will discuss what it is, why to use it, and best practice strategies. Yes, that is right.

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Bernstein Crisis Management

SEPTEMBER 6, 2023

Impact Analysis : Understanding the implications of threats facilitates better preparation. When supply chain disruptions occurred during the pandemic, businesses that had conducted impact analyses were quicker to find alternate solutions. Take the many examples of ransomware attacks that hit global companies.

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Stratogrid Advisory

FEBRUARY 18, 2019

BCM Program Governance is a key for it's success. Unsurprisingly, governance also plays a key role in Business Continuity Management (BCM) , because effective BCM needs to be a part of the organization’s “way of life”. BCM Program requires a strong Governance model. Last Updated on May 31, 2020 by Alex Jankovic.

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Stratogrid Advisory

DECEMBER 14, 2019

BCM Trends for 2020! The Disaster Recovery Institute (DRI) recently released its 4th Annual BCM Trends and Predictions Report , which provides predictions for resilience trends in 2019/2020. BCM as a Service. Business Impact Analysis. Last Updated on May 31, 2020 by Alex Jankovic. Reading Time: 4 minutes.

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BCM METRICS

SEPTEMBER 16, 2021

They make a commitment to improve their BCM program then sharply limit the amount of time the BCM team can talk to the departmental subject matter experts, effectively dooming the effort to failure. The post A Matter of Time: When SMEs Are Prevented from Helping With BCM appeared first on BCMMETRICS.

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MHA Consulting

NOVEMBER 17, 2022

Well-chosen BCM software can help a continuity program be more nimble and effective. It is also a pretty good depiction of how business continuity management (BCM) programs need to be these days if they are to successfully protect their organizations from the unprecedented number of threats in the environment. Lifecycle parameters.

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MHA Consulting

APRIL 6, 2023

One of the most common complaints from my consulting clients is that doing a formal business impact analysis, or BIA, is a waste of time. You don’t mind if your business continuity management (BCM) program is built on sand. The BIA is often referred to as the foundation of BCM program. They are only as strong as the BIA.

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MHA Consulting

FEBRUARY 2, 2023

Related on MHA Consulting: BCM Basics: Modern IT/DR Strategies The Benefits of a Sound Business Continuity Strategy A solid BC strategy is a fundamental component of a functional BC program. Step 3: Determine the Members of Your BCM Team To develop a BC strategy you need to assemble a business continuity management (BCM) team.

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MHA Consulting

JULY 13, 2023

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 incident has been painful for the client and challenging for us, but it offers valuable lessons to other companies.

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BCM METRICS

SEPTEMBER 30, 2021

The Business Impact Analysis (BIA) is one of the fundamental building blocks of a sound business continuity management program. In today’s post, we’ll look at six mistakes companies commonly make in conducting BIAs and explain how to get those areas right.

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eBRP

DECEMBER 16, 2024

Business Impact Analysis (BIA) has long been a cornerstone of Business Continuity Management (BCM), helping companies identify critical functions and prioritize recovery efforts. However, with the advent of new technologies and the increasing complexity of risks, the traditional BIA methodology is under scrutiny.

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Stratogrid Advisory

APRIL 12, 2020

In the “ An Introduction to Business Continuity Planning ” article, we outlined the main components of the Business Continuity Management (BCM) Program and introduced the basics of Business Continuity Planning (BCP). These plans must address BCM Program requirements, including Emergency Management Procedures (e.g.

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Continuity Planning Business Continuity BCM Disaster Recovery 52

Stratogrid Advisory

APRIL 12, 2020

In the “ An Introduction to Business Continuity Planning ” article, we outlined the main components of the Business Continuity Management (BCM) Program and introduced the basics of Business Continuity Planning (BCP). . These plans must address BCM Program requirements, including Emergency Management Procedures (e.g.

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Castellan

MAY 16, 2022

In fact, according to respondents in the 2022 Global BCM Compensation Report , about 60% anticipate having a hybrid work solution with one to four days in the office and the rest remaining remote. According to the BCM Compensation Report, only 6% of respondents anticipate that they will be 100% back in office post-pandemic.

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Stratogrid Advisory

MAY 21, 2020

Last Updated on May 31, 2020 by Alex Jankovic Reading Time: 4 minutes Organizational culture is an often-overlooked factor in the long-term viability of Business Continuity Management (BCM) Programs. It underlines the way an organization operates.

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Stratogrid Advisory

MAY 21, 2020

Organizational culture is an often-overlooked factor in the long-term viability of Business Continuity Management (BCM) Programs. Many organizations understand the importance of Business Continuity Planning processes, such as Risks Assessment or a Business Impact Analysis (BIA). BCM Program effectiveness. 22 Articles.

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Stratogrid Advisory

JANUARY 6, 2019

However, each organization will have slightly different impacts from the same risks and chances are, the probabilities of those risks will also differ. Organizations that do not put their best efforts into these exercises are usually left with subpar Business Continuity Plans.

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Stratogrid Advisory

JANUARY 6, 2019

However, each organization will have slightly different impacts from the same risks and chances are, the probabilities of those risks will also differ. BCM as a Service. Business Impact Analysis. Organizations that do not put their best efforts into these exercises are usually left with subpar Business Continuity Plans.

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Stratogrid Advisory

JUNE 15, 2020

Last Updated on June 15, 2020 by Alex Jankovic Reading Time: 5 minutes In our previous articles , we outlined the reasons why the Business Continuity Management (BCM) Program is essential to your organization. Why is so "darn" hard to engage IT Organization in Business Continuity efforts??? It’s happening everywhere! IT is (always) busy!

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Stratogrid Advisory

JUNE 15, 2020

In our previous articles , we outlined the reasons why the Business Continuity Management (BCM) Program is essential to your organization. The conclusion is that IT is too reluctant to engage in BCM activities, very slow to react and deliver, and typically a cause of delayed business continuity planning engagements. BCM as a Service.

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BCM Impact Analysis Continuity Planning Disaster Recovery 52

MHA Consulting

DECEMBER 8, 2022

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.

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BCM Impact Analysis Outage Disaster Recovery 52

Stratogrid Advisory

MAY 11, 2020

Listed below are some of the most common justifications for not implementing a robust Business Continuity Management (BCM) Program : 1. Is it aligned with your business continuity requirements ( Business Impact Analysis - BIA anyone)? Key BCM Program stakeholders moving into new positions or leaving the company.

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eBRP

AUGUST 27, 2018

Definition: A Business Impact Analysis (BIA) is the cornerstone of creating a BCM program. Basically, a BIA helps prioritize restoration efforts in the initial response activities following an operational disruption.

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Stratogrid Advisory

DECEMBER 6, 2018

ITDR Planning depends on Business Impact Analysis (BIA) and Risk Assessments The goal of ITDR planning is to prioritize the recovery of various IT systems and applications and to ensure that recovery capabilities meet operational requirements.

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Stratogrid Advisory

DECEMBER 6, 2018

ITDR Planning depends on Business Impact Analysis (BIA) and Risk Assessments. Once an organization has mapped out all dependencies and inter-dependencies ( Business Impact Analysis process), they can then evaluate their recovery time and point objectives (RTO/RPO) and their recovery capabilities. BCM as a Service.

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MHA Consulting

AUGUST 10, 2023

Further Reading For more information on working with a business continuity consultant and other hot topics in business continuity and IT disaster recovery, check out the following recent posts from MHA Consulting: All About BIAs: A Guide to MHA Consulting’s Best BIA Resources A Little Help: How to Select a BCM Consultant Getting the Most Out of Your (..)

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Stratogrid Advisory

JULY 31, 2019

StratoGrid Advisory is a Business Continuity Management (BCM) Advisory firm in the Ottawa/Gatineau region that can provide you with the experience and knowledge needed to successfully implement a BCM Program in your organization.

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Continuity Planning Business Continuity BCM Impact Analysis 52

Stratogrid Advisory

JULY 31, 2019

StratoGrid Advisory is a Business Continuity Management (BCM) Advisory firm in the Ottawa/Gatineau region that can provide you with the experience and knowledge needed to successfully implement a BCM Program in your organization. BCM as a Service. Business Impact Analysis. Business Continuity Management.

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MHA Consulting

MAY 4, 2023

Business Impact Analysis. The strength of a recovery plan relies in part on an accurate and on-target Business Impact Analysis. Does it follow a logical progression of steps? The BIA is a very important control. In evaluating your BIA situation, ask the following questions: Have we conducted a BIA?

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Stratogrid Advisory

JULY 6, 2019

Many business management disciplines, including Business Continuity Management (BCM) and Operational Risk Management (ORM), contribute to continuous improvement and safeguards of the organization’s resources and strategic goals. Organizational resilience is a discipline, and there is no single approach to improve it or enhance it.

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Stratogrid Advisory

JULY 6, 2019

Many business management disciplines, including Business Continuity Management (BCM) and Operational Risk Management (ORM), contribute to continuous improvement and safeguards of the organization’s resources and strategic goals. Start with a Business Continuity Management (BCM) Program. Incident Response (Crisis, Emergency, etc.).

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MHA Consulting

OCTOBER 19, 2023

Business needs are determined by a Business Impact Analysis (BIA) completed before disaster recovery planning begins. The BIA, whether formal or informal, is critical to DR. The BIA identifies the business process whose interruption would cause the greatest impact to the organization, providing critical guidance to the DR effort.

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