Business Impact Analysis – OpsCentre
Every so often it’s good to shake things up. Sometimes the simple act of asking questions about what we do in business continuity and why we do it can give us a fresh point of view and point out areas for improvement.
Business Impact AnalysisBy opscentre July 7, 2016
In business continuity planning, business impact analysis or BIA is possibly the most critical part.
Like the cobbler’s children who are the least well shod, it seems that organisations whose whole business is in emergencies are not necessarily well-prepared for business continuity. In particular, hospitals have come under scrutiny in recent years because of an apparent lack of integration of risk management practices. Approaches have sometimes stopped short of the…
Is it or isn’t it? The first thing to understand is what really is covered by your insurance and how such insurance would be applied as part of your disaster recovery or business continuity plan. The mistake made by organisations, and small businesses in particular, is in assuming that their insurance covers everything. Insurance policies…