Remove Impact Analysis Remove Outage Remove Resilience
article thumbnail

All About BIAs: A Guide to MHA Consulting’s Best BIA Resources

MHA Consulting

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.

article thumbnail

An Introduction to FFIEC: BCM’s Gold Standard

MHA Consulting

All of these standards are valuable, well-regarded tools that are capable of helping organizations become more resilient. It has greater governance, risk assessment, business impact analysis, planning, testing, and maintenance requirements than any other standard.

BCM 95
Insiders

Sign Up for our Newsletter

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

article thumbnail

What is BCM? Basics of business continuity management explained.

BMC

Fundamentally, the fortification and resilience of an organization against failure, adding the word “management” to “business continuity” means a business’s ability to plan and carry out changes in operational environments through the use of frameworks for pre-identified risks. Yes, that is right. Then rank them in order of severity.

BCM 98
article thumbnail

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.)

article thumbnail

7 Steps to Establishing a Sound Business Continuity Strategy 

MHA Consulting

Follow these seven steps to implement a BC strategy that can help you swiftly recover your business processes in the event of an outage. Step 5: Perform a BIA The business impact analysis tells you which of your business processes are most critically time sensitive.

article thumbnail

The Times They Are a-Changin’: Adapting to Change as a BCM Professional

MHA Consulting

Organizations now have to contend with a heightened risk of drought, flooding, heat waves, wildfires, hurricanes, political unrest, global conflict, cyberattack, power outages, active shooters, supply chain disruptions, pandemic, social-media impacts, and all the rest. Operational resilience.

BCM 98
article thumbnail

How a Risk Maturity Model Can Increase Your Company’s Resilience

MHA Consulting

In today’s post, we’ll look at how such a model can help an organization understand its risks, mitigate the risks that threaten its core services, and integrate business continuity with enterprise risk management, thus boosting resilience overall. Related on MHA Consulting: Who’s the Boss?