This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
“You hit home runs not by chance but by preparation”- Roger Maris If you want to hit a home run within your organization with your business continuity program, then you need to prepare by conducting a proper business impactanalysis and learning how to avoid costly BIA mistakes.
In an ever-evolving business landscape, disruptions and unexpected events are inevitable, so it is crucial to prepare for a business impactanalysis. From natural disasters to cybersecurity breaches, organizations face many challenges that can significantly impact their operations, finances, and reputation.
She is currently the Resilience and Business Continuity Lead at Transport for London and has worked in the NHS, London Olympic Games Organization Committee (LOCOG) and in flood consultancy. Business ImpactAnalysis Walk-through of a Microsoft 365 Based System (Youtube) . Links: M Marx Linkedin Profile.
If you’re like many companies we talk to, you may not know how long your business could survive without … The post What is a Business ImpactAnalysis (BIA)? A few weeks? appeared first on Bryghtpath.
We write a lot about BIAs in our blog and ebooks, and no wonder: the business impactanalysis is the cornerstone of a sound business continuity program. We invite you to use any or all of these free resources to help you in understanding and conducting BIAs (or in working with a consulting firm to do so). A great place to start.
The business impactanalysis (BIA) is a great tool, but after it is complete, organizations have an opportunity to potentially save time and resources by conducting a tightly focused, second-level … The post After the BIA: Save Time and Money by Fine-Tuning Your Application RTOs appeared first on MHA Consulting.
MHA Consulting is pleased to announce a new partnership with a global leader in smart transportation. MHA will begin this engagement with a platform technology impactanalysis, leading us to develop resilient strategies and robust disaster recovery plans that are validated with an exercise.
Business ImpactAnalysis (BIA) The BIA is crucial in determining the potential consequences of various disruptions. How BCP Builder Simplifies Business Continuity Planning BCP Builder is an innovative platform designed to assist businesses and consultants in developing comprehensive Business Continuity Plans.
In this week’s bulletin, Charlie discusses the future of AI within the business continuity industry, with a particular focus on Business ImpactAnalysis and how it has the potential to revolutionise business continuity processes. The first place to start is the BIA (Business ImpactAnalysis).
You know that business continuity planning is a process that begins with a thorough business impactanalysis (BIA). You have followed our advice on how to communicate your business continuity program to senior executives.
In one recent engagement, MHA was tasked with picking up the pieces after a Business ImpactAnalysis (BIA) conducted by another consulting firm suffered a crack-up. The consultant who had conducted it (over the course of 18 months) had no prior experience working with a manufacturing company.
It has greater governance, risk assessment, business impactanalysis, planning, testing, and maintenance requirements than any other standard. FFIEC in our industry is best known for providing the business continuity management standard that U.S. financial institutions are required to meet.
One of the most common complaints from my consulting clients is that doing a formal business impactanalysis, or BIA, is a waste of time. In today’s post, written with BIA doubters in mind, I’ll lay out four cases where conducting a formal BIA is unnecessary.
In most organizations, the only times a business leader and their team learn about business continuity & crisis management is when the time comes to update their business impactanalysis and associated plans – or when an incident or crisis occurs. It’s not a great way to drive business continuity awareness.
Related on MHA Consulting: Mark My Words: Commonly Confused Business Continuity Terms Two Fundamental Terms One of the most common BC-related internet searches is by people trying to learn the difference between business continuity and IT disaster recovery.
OUR TAKE: Search Disaster Recovery offers a few different kinds of recovery plans, spanning business impactanalysis, pandemic recovery, and business continuity. Search Disaster Recovery. However, their IT disaster recovery plan offers a comprehensive step-by-step guide to prepare for the worst.
As business continuity consultants, we at MHA often encounter a situation we call “inviting by title,” which is when our contact at the client company has us meet with high-level company executives rather than mid-level employees with detailed tactical knowledge. or “What systems does finance use to execute process X?”).
Related on MHA Consulting: The Ultimate Guide to Residual Risk Risk Mitigation Controls Explained Business continuity is all about reducing risk. Business ImpactAnalysis. The strength of a recovery plan relies in part on an accurate and on-target Business ImpactAnalysis. The BIA is a very important control.
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 2: Engage a Competent BC Consultant This step is not strictly necessary but is strongly encouraged.
Related on MHA Consulting: Who Does What: The Most Critical Job Roles in IT Disaster Recovery The Price of Neglecting IT/DR Being a business continuity consultant can be frustrating. Business needs are determined by a Business ImpactAnalysis (BIA) completed before disaster recovery planning begins.
S1E4 – Software or Consultants for building your BCP. Should you buy Business Continuity Planning software and do it yourself, or should you contract BCP consultants? S1E16 – Part 1 of 4: BCP Consultants or BCP Software, from how things have changed to the 4 types of clients & which solution will give the best outcome.
We will discuss risk management, the critical importance of business impactanalysis (BIA) , and the essential steps involved in a thorough risk assessment. Step 1: Perform a Business ImpactAnalysis A BIA outlines the potential consequences of risks and disruptions on critical functions and business processes.
Related on MHA Consulting: All About BIAs: A Guide to MHA Consulting’s Best BIA Resources The past twenty-five years have seen a lot of changes in the world especially as pertains to business. The past couple of decades have seen huge changes in the world and our field.
BIA On-Demand provides everything you need to conduct a world-class business impactanalysis, and the BIA is the foundation of a sound business continuity program. The post Top 5 Reasons People Love BIA On-Demand appeared first on MHA Consulting. BIA On-Demand is the most popular tool in the BCMMETRICS TM suite , and no wonder.
Our Smart Financial Analysis for Business will a number of new business services that can be combined or utilized as separate programs to assist you in building your business. Designed to improve the overall financial health of your business, our financial experts and consultants are the best.
These types of assessments can be used to evaluate an entire organization (management consulting), or any specific system (IT audit), process or project. 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.
These types of assessments can be used to evaluate an entire organization (management consulting), or any specific system (IT audit), process or project. 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. Business ImpactAnalysis.
NEW SERVICES COMING SOON – When a business already offers great consultancy services, where can it go from there? At the Erwood Group, we’re proud to announce several new services we’ll have available for our clients starting this fall.
Related on MHA Consulting: Roll with the Changes: A New Generation Requires a New Approach to BCM It is comforting to think that if we master one set of marketable skills, we’ll be able to make a living from them for the rest of our careers; however, recent history shows that option is no longer available (if it ever was).
Business ImpactAnalysis Key Findings. Business Impact Assessment. The business impact Assessment or more commonly referred to as the Business ImpactAnalysis (BIA) is the method for assessing the impact various events will have on the business. Business ImpactAnalysis Reporting.
In fact, I have seen a healthcare organization 3 ½ years into their business impactanalysis with an estimated six more months remaining until they thought they would complete this phase of the program. If you need more help getting unstuck in your business continuity program book a free consultation today. Book Consultation.
Business ImpactAnalysis (BIA) RTO is a critical component of Business ImpactAnalysis (BIA). BIA involves assessing the potential impact of disruptions on various business functions. To mitigate this, we perform a Financial ImpactAnalysis alongside the BIA. Schedule Consultation
If we agree that the worst case scenario does not really add very much to our risk management and business impactanalysis, how should we look at risk? When you are conducting your business impactanalysis, one of the items you have to look at is the impact on the organisation if an activity is lost.
If we agree that the worst case scenario does not really add very much to our risk management and business impactanalysis, how should we look at risk? When you are conducting your business impactanalysis, one of the items you have to look at is the impact on the organisation if an activity is lost.
The implementation of the BCM Program might require the involvement of consultants in function/process or process documentation, which could be outside of the typical BCM program implementation process activities. In the end, they end up owning produced BCM deliverables once the BCM consultant or a firm leaves the business premises.
The implementation of the BCM Program might require the involvement of consultants in function/process or process documentation, which could be outside of the typical BCM program implementation process activities. In the end, they end up owning produced BCM deliverables once the BCM consultant or a firm leaves the business premises.
ASSESSING THE FINANCIAL IMPACTS OF BUSINESS DISRUPTIONS. Many organizations skip the Financial ImpactAnalysis. Conducting a Financial ImpactAnalysis is critical to helping a business understand the actual financial impact a disaster or disruption can have on a business. This is a mistake.
Is it aligned with your business continuity requirements ( Business ImpactAnalysis - BIA anyone)? We hired a consultant to make a plan a few years ago, so we’re OK. Business ImpactAnalysis. We have a data backup, so we’re safe. OK, so your organization has a data backup. Is it up to date? 22 Articles. 6 Articles.
A business impactanalysis assesses the enterprise’s ability to recover from a disaster and should form the basis for a contingency or business continuity plan. This panel will examine elements of preparation and recovery, and it will provide consultants with a basis for further discussions with their clients.
We’ll look at examples pertaining to incident management, the business impactanalysis (BIA), third-party vendors, risk assessments and exercises, and time and effort. Try a Dose of Risk Management The post More Than Meets the Eye: The Hidden Benefits of BC Planning appeared first on MHA Consulting.
S1E4 – Software or Consultants for building your BCP. Should you buy Business Continuity Planning software and do it yourself, or should you contract BCP consultants? S1E16 – Part 1 of 4: BCP Consultants or BCP Software, from how things have changed to the 4 types of clients & which solution will give the best outcome.
When we are carrying out the business impactanalysis stage of the business continuity lifecycle we are always trying to find calculations of how to estimate how much money we could lose due to a business continuity incident. The post Counting the costs of the riots appeared first on PlanB Consulting.
When we are carrying out the business impactanalysis stage of the business continuity lifecycle we are always trying to find calculations of how to estimate how much money we could lose due to a business continuity incident. The post Counting the costs of the riots appeared first on PlanB Consulting.
One of the discussions was whether the RTOs and RPOs we capture in the BIA (Business ImpactAnalysis) are suitable and relevant in a cyber incident. appeared first on PlanB Consulting. This week, I have been teaching a Cyber Incident Management course in Frankfurt. One of the other discussions this week was about backups.
We organize all of the trending information in your field so you don't have to. Join 25,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content