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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. Availability of Standard Operating Procedures (SOPs) and manual workaround procedures for businesses processes. Business Continuity Management.

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Why is so hard to engage an IT Organization???

Stratogrid Advisory

Is this disconnect result as IT sees a Business Continuity Planning as a business process, and not particularly an IT activity? It has a few components that are directly dependent and connected to IT, but the rest of the processes, such as Business Impact Analysis or Risk Analysis, are seen by IT as business processes.

BCM 52
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Why is so hard to engage an IT Organization???

Stratogrid Advisory

Is this disconnect result as IT sees a Business Continuity Planning as a business process, and not particularly an IT activity? It has a few components that are directly dependent and connected to IT, but the rest of the processes, such as Business Impact Analysis or Risk Analysis, are seen by IT as business processes.

BCM 52
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Everything You Need to Know About Business Continuity Plans

Erwood Group

NOTE: DRII takes this definition from the Business Continuity Institute BCI and Disaster Recovery Journal DRJ. Business Impact Analysis Key Findings. Critical Recovery Timelines. Recovery Team Activation. Appendices with Supporting Documents, Tracking Logs, and Recovery Forms.

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BCM Basics: the Difference Between Business Continuity and Disaster Recovery

MHA Consulting

Theoretically, the business departments are free to say anything they want in terms of how quickly the business functions need to be brought back online in order to keep the impact of a disruption within acceptable levels. The standard way of arriving at these targets is by conducting a BIA, or business impact analysis.)

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The 7 critical elements of a business continuity plan

Online Computers

From floods and fires to cyberattacks and supply chain disruptions, unexpected circumstances can wreak havoc on even the most robust businesses. Therefore, having an effective business continuity plan (BCP) is vital to operational resilience. It includes the following elements: 1.

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Gone With the Wind: 12 BCM Practices That Have Become Outdated 

MHA Consulting

Traditionally, organizations conducted a Business Impact Analysis every other year or even less frequently, but in today’s fast-moving world, that’s not sufficient. It leaves too much time for systems and applications to change, reducing the relevance of the BIA and the recovery plans based on it.

BCM 98