Rapid Resilience Impact Analysis
everbridge
DECEMBER 20, 2024
The post Rapid Resilience Impact Analysis appeared first on Everbridge.
Risk Management Process- Part 2: Business Impact Analysis
Zerto
APRIL 25, 2023
The Critical Role of Business Impact Analysis In the first part of our miniseries on risk management, we introduced the operational risk management process and outlined its different parts. This time, we are exploring one of those key parts: the business impact analysis (BIA) process.
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EP17: Building My Own Online BIA App | Michelle Marx
The Failover Plan Podcast
NOVEMBER 9, 2020
We’re speaking with Michelle Marx, who is the Resilience and Business Continuity Manager at Transport for London. . Guest Bio: Michelle is an experienced resilience professional who specializes in business continuity, major incident management, policy development, and strategy. Links: M Marx Linkedin Profile.
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Risk Assessment: 3 Key Starting Points for Effective Business Impact Analysis
Zerto
FEBRUARY 22, 2022
A business impact analysis then predicts the potential disruption from each type of risk to your continued ability to do business. I want to discuss the three key areas of risk from an IT perspective that all leaders should be assessing and managing in their business impact analysis plan. Business Impact Analysis.
Master Your Business’s Resilience with BCP Builder
BCP Builder
JANUARY 9, 2025
This guide will explain why BCP Builder is the ultimate tool for ensuring your organisations resilience, break down its features, and show how it can take your business from unprepared to unstoppable in just one week. Use this analysis to prioritise recovery strategies. Start your journey to resilience with BCP Builder today!
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Business Impact Analysis Example
BCP Builder
MAY 4, 2020
Business Impact Analysis Example – How do you prioritize different processes in a Business Impact Analysis? Some processes being unavailable will be of high impact during a certain period and after that will only have a negligible impact. 2 – Just pay people what you paid them last month.
Business Impact Analysis Example
BCP Builder
MAY 4, 2020
Business Impact Analysis Example – How do you prioritize different processes in a Business Impact Analysis? Some processes being unavailable will be of high impact during a certain period and after that will only have a negligible impact. Business Impact Analysis Example – Payroll.
Impact Analysis for Enterprise Resiliency Program
eBRP
JANUARY 6, 2025
Ensuring enterprise resilience involves evaluating service criticality, analyzing asset dependencies, and assessing current capabilities while addressing risks and potential disruptions. This process identifies vulnerabilities, threats, and availability parameters to safeguard the organization’s mission, reputation, and service levels.
What is a Business Impact Analysis (BIA)?
Stratogrid Advisory
APRIL 18, 2020
What is a Business Impact Analysis (BIA)? The Business Impact Analysis (BIA) is a cornerstone of the Business Continuity Management (BCM) Program. BIA - the letter "A" stands for analysis. Business Impact Analysis. Last Updated on May 31, 2020 by Alex Jankovic. Reading Time: 5 minutes. 22 Articles.
How BCM IT Enhances Business Continuity and Risk Management
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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Safeguarding Your Operations: The Power of a Business Continuity Template
BCP Builder
MARCH 16, 2025
Key Components of an Effective Template A comprehensive template should include sections for risk assessment , impact analysis, recovery procedures, and communication plans. By systematically addressing these areas, you create a resilient operational structure.
Comparing Resilience: Business, Operational, IT, and Cyber – Part Two
Zerto
SEPTEMBER 30, 2022
In part one of this five-part mini-series, we covered business resilience and highlighted three aspects of resilience on which an organization has the most control. Let’s cover the first one of these: operational resilience. What Is Operational Resilience? It is narrower in scope than business resilience.
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New Year, New Resilience: Refreshing Your Business Continuity Program for the New Year
BryghtPath
DECEMBER 31, 2024
As the new year approaches, organizations must … The post New Year, New Resilience: Refreshing Your Business Continuity Program for the New Year appeared first on Bryghtpath.
The Impact of Hybrid Work Environments on Resilience Management
Castellan
MAY 16, 2022
As such, these evolving work environments have created new challenges for business continuity, including new and evolving risks for resilience management. Unfortunately, many resilience and security teams were just not prepared to respond to challenges created by the rapid adoption of these remote teams.
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All About BIAs: A Guide to MHA Consulting’s Best BIA Resources
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.
What (Almost) Everyone Gets Wrong About the Business Continuity Lifecycle
BryghtPath
JULY 19, 2022
They put in a lot of work conducting their initial business impact analysis (BIA), identifying the resilience gaps, creating plans, policies, lists, and procedures, and distributing these throughout the organization. Business continuity and crisis planning is not a one-and-done event. Then they quit.
The Importance of Business Continuity in Modern Enterprises
Bernstein Crisis Management
SEPTEMBER 6, 2023
Let’s explore the significance of business continuity and its role in determining an organization’s resilience. Impact Analysis : Understanding the implications of threats facilitates better preparation. The Foundations of Robust Business Continuity Risk Assessment : Recognizing potential threats is pivotal.
What is BCM? Basics of business continuity management explained.
BMC
NOVEMBER 11, 2024
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.
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Enterprise Resiliency: Navigating Through Disruptions
eBRP
FEBRUARY 15, 2024
This resilience defines an enterprise’s capacity to restore its operations, assets, and services to ensure uninterrupted delivery of products and services. Here’s a breakdown of the key components that constitute the backbone of a resilient enterprise.
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An Introduction to FFIEC: BCM’s Gold Standard
MHA Consulting
MARCH 23, 2023
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.
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BIAs for Enterprise Resiliency Planning
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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What is BCM? Basics of business continuity management explained.
BMC
NOVEMBER 11, 2024
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.
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BCP vs. DR Plans: What Are the Key Differences?
Zerto
AUGUST 18, 2022
Both Are Needed to Ensure Business Resilience. A definition of Business Resilience. BCP Includes Business Impact Analysis, Risk Assessment, And Strategy Development. Risk Assessment: 3 Key Starting Points for Effective Business Impact Analysis. But no BCP would have to be activated in that scenario. ?
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Embedding BC for a More Resilient Future
Plan B Consulting
SEPTEMBER 24, 2021
As it is BCI Education Month, this week Charlie discusses the need for embedding business continuity to create a more resilient future, using examples of scenarios that are happening right now across the world. All September I have been slightly struggling with what to write on, as resilient future’ is rather a wide subject.
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BCM Basics: the Difference Between Business Continuity and Disaster Recovery
MHA Consulting
OCTOBER 5, 2023
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.)
The Top 8 Risk Mitigation Controls, in Order
MHA Consulting
MAY 4, 2023
These are the measures we can implement to reduce the risk at our organizations, increasing our resilience, and making us better prepared to deal with disruptions. These are also the controls that deliver the most bang for the buck in terms of increased resilience for dollars spent. Business Impact Analysis.
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Embedding BC for a More Resilient Future
Plan B Consulting
SEPTEMBER 24, 2021
As it is BCI Education Month, this week Charlie discusses the need for embedding business continuity to create a more resilient future, using examples of scenarios that are happening right now across the world. As business continuity managers, we should have done our key supplier analysis.
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Integrating Risk Disciplines: Business Continuity and Cyber Response
Castellan
NOVEMBER 2, 2021
As we reflect on lessons learned from our pandemic and multi-event response protocols, we can find many opportunities to improve business continuity practices to further solidify resilience. Cyber resilience is part of a much bigger picture and as such is evolving as a critical component of business continuity. Here are a few tips.
What is Cyber Resilience and Why It Matters
Castellan
AUGUST 24, 2021
Resilience is all about the ability to recover quickly when faced with a challenge. For businesses, resilience is often tied directly to business continuity, where professionals are tasked with ensuring an organization can quickly adjust, adapt, respond, and recover from disruptions and disasters. What is Cyber Resilience?
The Importance of Resilience: Navigating the Ever-Evolving Landscape
Fusion Risk Management
MARCH 7, 2024
As we look ahead at 2024 and the years following, how can we navigate these cha lle nges, find opportunities, and emerge more resilient? Interrelated d isruptions: Efficiency in c omplexity The continuous rise of global uncertainties – from geopolitical tensions to extreme weather events – stands as a formidable challenge for organizations.
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Lessons from a Botched BIA: Learning from One Company’s Mistakes
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. A sound BIA is a prerequisite of any company that wants to attain true resilience.
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How a Risk Maturity Model Can Increase Your Company’s Resilience
MHA Consulting
APRIL 20, 2023
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?
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How a Risk Maturity Model Can Increase Your Company’s Resilience
MHA Consulting
APRIL 20, 2023
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?
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The Importance of Risk Analytics
LogisManager
DECEMBER 5, 2023
In essence, a well-executed risk analysis is the cornerstone of informed decision-making and a resilient risk management strategy. This model facilitates in-depth risk analysis through a two-way dialogue with stakeholders, including the Board of Directors, risk committees, and officers.
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Understanding Recovery Time Objectives: A Key Component in Business Continuity
Erwood Group
MAY 30, 2024
Recovery Time Objective: A Key Component in Business Continuity Understanding Recovery Time Objectives: A Key Component in Business Continuity In the business world, change occurs rapidly, and maintaining operational resilience even during these changes is critical. To mitigate this, we perform a Financial Impact Analysis alongside the BIA.
Risk Management Process – Part 3b: Risk Analysis
Zerto
AUGUST 2, 2023
By incorporating velocity into the risk analysis, organizations can develop more effective mitigation strategies that consider the response speed required to minimize risk impact. However, they serve different purposes and use different methodologies.
Not another BCM Program audit?
Stratogrid Advisory
JANUARY 29, 2019
BCM Program audits are typically executed to evaluate an organization’s resilience maturity, but they can also be focused on specific program areas, such as the Business Continuity Plan, training programs, or the IT Disaster Recovery Plan. regulation, best industry practices, most recent Business Impact Analysis , etc.).
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Not another BCM Program audit?
Stratogrid Advisory
JANUARY 29, 2019
BCM Program audits are typically executed to evaluate an organization’s resilience maturity, but they can also be focused on specific program areas, such as the Business Continuity Plan, training programs, or the IT Disaster Recovery Plan. regulation, best industry practices, most recent Business Impact Analysis , etc.).
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Risk Management Process- Part 1: Overview
Zerto
APRIL 6, 2023
We will discuss risk management, the critical importance of business impact analysis (BIA) , and the essential steps involved in a thorough risk assessment. Step 1: Perform a Business Impact Analysis A BIA outlines the potential consequences of risks and disruptions on critical functions and business processes.
The Link between Business Continuity & Organizational Culture
Stratogrid Advisory
MAY 21, 2020
Many organizations understand the importance of Business Continuity Planning processes, such as Risks Assessment or a Business Impact Analysis (BIA). It affects all aspects of operations in one way or another and has a particularly significant impact on Business Continuity Planning (BCP) efforts.
The Link between Business Continuity & Organizational Culture
Stratogrid Advisory
MAY 21, 2020
Many organizations understand the importance of Business Continuity Planning processes, such as Risks Assessment or a Business Impact Analysis (BIA). It affects all aspects of operations in one way or another and has a particularly significant impact on Business Continuity Planning (BCP) efforts. Let's talk about governance.
Pandemic
BCP Builder
JULY 13, 2020
Why a Business Impact Analysis is crucial. If you want to increase your Organizational Resilience, start with preparing a Business Continuity Plan and check out BCP Builder’s Business Continuity Planning Templates. In this podcast we explore: What elements should be considered. The need to keep your BCP up to date.
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MHA Consulting Engaged by International Pioneer in Smart Transportation Technology Solutions
MHA Consulting
JANUARY 22, 2024
MHA will begin this engagement with a platform technology impact analysis, leading us to develop resilient strategies and robust disaster recovery plans that are validated with an exercise. The organization provides tech-led solutions to address transportation challenges in more than 15 countries worldwide.
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