Resilience
How to Conduct a Business Impact Analysis
Conducting a business impact analysis (BIA) is an important step in assessing the potential effects of disruptions on your business operations. It helps you identify critical processes, prioritize resources, and develop appropriate recovery strategies. Here’s a step-by-step guide to conducting a BIA: Define the scope: Determine the boundaries of your analysis. Identify the business units, departments, or processes that will be included in the assessment. Identify critical business objectives and Read more…